Templates
Internal Audit
Vendor Management: Supplier Evaluation

Vendor Management: Supplier Evaluation

How to evaluate a new supplier before choosing to do business with them
1
Introduction:
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Record supplier's details
3
Check the supplier's capacity
4
Check the supplier's competency
5
Check the supplier's process control
6
Check the supplier's consistency
7
Check the supplier's commitment to quality
8
Check the supplier's business stability
9
Check the supplier's prices
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Check the supplier's culture
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Check the supplier is clean and ethical
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Check the supplier's communication efficiency
13
Input evaluation outcome
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Approval:
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Add supplier data to inventory management software
16
Sources:
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Related checklists: