Actions

S004

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Revision as of 14:30, 27 October 2021

The activities associated with discovering, evaluating and selecting potential suppliers. For each potential supplier a supplier profile is developed to enable data-driven decisions. This may include benchmarking suppliers and pre-qualifying selected potential suppliers. Selected potential suppliers are invited to participate in the Tendering and/or Negotiation processes.

Sources of potential suppliers include:

  • Company supplier records - current and past suppliers
  • Industry organizations, registers and directories
  • Catalogs, internet and trade journals
  • Internal suppliers (vertical integration)

Depending on strategic importance, value of purchase and complexity, supplier selection and pre-qualification may include analysis of:

  • Financial risks - Liquidity, Profitability, Long-term financial strength
  • Operational risks - Resilience, Contingency planning
  • Delivery performance - Lead time, Quality, On-time
  • Capacity and flexibility
  • People risks - Management, key staff and skills retention
  • Diversity and ethical considerations

Other emerging or industry-specific areas of analysis include: Environmental, single vs. multi-sourcing, capacity share. Denied Party List Pre-Qualification Questionnaire

Hierarchy

IDNameLevelx
S0Strategic Sourcing2S0
S004Identify Supply Sources3S004

Metric(s)

IDNameLevelx
SD11Intake Sustainability Ratio2SD11
SD111Sustainable Water Intake Ratio3SD111
SD112Sustainable Energy Intake Ratio3SD112
SD113Sustainable Material Intake Ratio3SD113
SD114Services Environmental Sustainability Ratio3SD114

Term(s)

IDNameClearx
DPLDenied Party ListDPL
PQQPre-Qualification QuestionnairePQQ

Workflow

FromInput(s)
Process
Output(s)To
wf_processwf_arrow
S003Supply Strategy
S004
wf_arrowwf_process
Potential SupplierS005
Potential SupplierS006
Note: Common inputs and outputs are listed in alphabetical order. Other inputs and outputs may be required to support varying use cases.Identify Supply Sources Strategic Sourcing 5200400 3 {{{keywords}}} {{{description}}}