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Course Description

Taking the time to thoroughly screen potential suppliers will reduce the risk of costly mistakes and ensure you and your supplier enjoy a successful relationship. You need to ask the right questions and weigh crucial criteria to find the optimal fit for your organization. In this lesson, you will explore different screening methods and the questions you should ask to properly vet potential suppliers. You will create a supplier selection and evaluation tool and narrow down your list of suppliers using identified sourcing requirements, weights, and key ratios. You will also discover the importance of continuously re-evaluating your supplier to ensure they are still meeting your needs after you enter a partnership with them. You will then look ahead and map a contingency plan should your supplier choice not perform as anticipated.

Benefits to the Learner

  • Rank supplier requirements and create a supplier selection tool
  • Select and evaluate potential suppliers
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Type
self-paced (non-instructor led)
Dates
Jun 11, 2022 to Dec 31, 2030
Total Number of Hours
1.0
Course Fee(s)
Regular Price $0.00
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