Authors: Alan Stainer, Abby Ghobadian, Jonathan Liu, Tebor Kiss
Addresses: Middlesex University, Bounds Green Road, London N11 2NQ, UK. ' Middlesex University Business School, The Burroughs, Hendon, London NW4 4BT, UK. ' Middlesex University Business School, The Burroughs, Hendon, London NW4 4BT, UK. ' Faculty of Economics & Business Management, Janus Pannonius University, Pecs, Rakoczi ut 80, PF. 9, H-7601, Hungary
Abstract: The purchasing function is of vital importance in manufacturing because materials and components form a significant part of product costs. Vendor assessment provides management with a powerful control tool. The gleaned information is both useful in negotiations with suppliers and in contributing towards the establishment of closer links. This article discusses the state of the art of vendor rating and gives details of a flexible programme designed to make the assessment system more relevant and effective. The programme can also be employed to assist in the supplier evaluation and qualification processes.
Keywords: logistics; purchasing; sourcing; supply chain management; SCM; vendor rating; vendor assessment; supplier selection.
International Journal of Computer Applications in Technology, 1996 Vol.9 No.2/3, pp.106 - 113
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