Supply Chain Management
Supplier Selection Process in the Automotive Industry
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Supplier Selection Process in the Automotive Industry

1
Identify new potential suppliers
2
Assess potential suppliers' capabilities
3
Evaluate the quality of suppliers' materials
4
Review Suppliers’ Financial Stability
5
Approval: Finance Team
6
Analyze previous performance of potential suppliers
7
Perform supplier site visits
8
Approval: Field Visit Report
9
Evaluate suppliers' ability to meet delivery deadlines
10
Check potential suppliers' certifications and compliances
11
Approval: Certifications and Compliances
12
Evaluate potential suppliers' pricing
13
Develop the supplier negotiation strategy
14
Conduct supplier negotiations
15
Approval: Negotiation Final Report
16
Finalize supplier contract
17
Implement new supplier onboarding
18
Approval: Onboarding Plan
19
Monitor and Evaluate supplier performance
20
Continuous improvement of the supplier relationship