A supplier selection process typically starts with a tender or request for quotation and proceeds through multiple evaluation phases: quality verification (certifications, audits), cost comparison, creditworthiness checks, and delivery capability assessment.
Source: https://en.wikipedia.org/wiki/Supplier_selection
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.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.