GlossaryEN1 min readUpdated: Jun 22, 2026

Supplier selection

Supplier selection is the structured process by which companies identify, from a pool of potential vendors, those best suited to their requirements.

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Last updated: 22 June 2026Published: 19 June 2025

Source: https://wirtschaftslexikon.gabler.de/definition/lieferantenauswahl-38061

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Logistics Concept

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Definition & Explanation

Supplier selection is the structured process by which companies identify, from a pool of potential vendors, those best suited to their requirements. Evaluation criteria typically cover price, delivery reliability, quality certifications, production capacity, and safety standards, often supplemented by sustainability or compliance requirements. In practice, the process runs through requests for quotation (RFQ) or proposal (RFP), supplier audits, and risk assessments before a contract is awarded. In freight and logistics, the choice of supplier directly affects transport chain reliability – a poorly performing supplier can jeopardize customs deadlines or just-in-time schedules. Unlike ongoing supplier performance monitoring, selection is a one-off decision made before the commercial relationship begins.

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Calculate customs valueWork out import duties and customs valueOpen Find HS codeDetermine the tariff number for customsOpen Compare IncotermsClarify duties, cost and riskOpen Calculate transit timeEstimate duration per transport modeOpen

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Supplier selection

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Related Terms

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