GlossaryEN1 min readUpdated: Jun 8, 2026

Supplier Evaluation Process

Last updated: 8 June 2026Published: 19 June 2025

Source: https://en.wikipedia.org/wiki/Supplier_evaluation

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Logistics Concept

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Procurement teams use the supplier evaluation process to assess new or existing suppliers against consistent criteria: quality, delivery reliability, cost competitiveness, innovation capability, and regulatory compliance. The process typically includes defining evaluation dimensions, gathering data through audits and performance metrics, and producing a ranked assessment. This delivers a fact-based foundation for vendor selection, contract negotiations, or performance improvement plans. Most organizations repeat it quarterly or annually, with ad-hoc assessments triggered by major incidents or contract renewals.

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