OutPerform SRM – Supplier Qualification Management
As organizations increasingly collaborate with fewer strategic suppliers, procurement organizations face the challenge of driving supplier improvement through quantifiable and clearly defined evaluation criteria. The supplier qualification process helps identify candidates for strategic relationships, facilitates communication with potential suppliers, and ensures new suppliers meet firm-wide quality, management, and safety standards.
OutPerform offer a range of best practices for comprehensive supplier qualification and associated processes that enable organizations to monitor supplier performance and direct management attention to suppliers unable to meet qualification criteria. By establishing and measuring performance baselines, Procurement can save time and resources by disqualifying suppliers that do not meet required company standards.
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