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Supplier Evaluation and Performance Excellence by Sherry Gordon

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DEVELOPING AN EVALUATION STRATEGY

SEGMENTING THE SUPPLY BASE

To develop an evaluation strategy, you need to decide which suppliers you wish to measure. Also, of those suppliers you decide to measure, you need to determine what level of evaluation suppliers require, ranging from high-level monitoring to detailed evaluation. Therefore, you will need to segment the supply base. Segmentation means categorizing suppliers for the purposes of allocating the appropriate resources to manage and monitor them. It is an analysis and prioritization process. Some of the segmentation dimensions can include such areas as: risk, cost, quality, delivery, service, ...

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