A supplier evaluation process is a systematic procedure for continuously measuring supplier performance against established key performance indicators and criteria such as delivery reliability, quality rate, damage frequency, price stability, and responsiveness.
Source: https://wirtschaftslexikon.gabler.de/definition/lieferantenbewertungsverfahren-51202
Tools that match this term
You might also be interested in these terms
Weekly: Top news, industry facts and insights from the world of logistics – free.
Content reviewed and editorially cleared.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.