Types of sourcing, factors affecting sourcing

Types of sourcing, factors affecting sourcing - viability...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Supply Management Types of sourcing: a) Multiple sourcing- focus on price and delivery b) Single sourcing – one source per product c) Parallel sourcing – two suppliers for two similar parts across two product families d) Delegated sourcing – rationalisation of supplier base Factors affecting the selection process 1) Types of purchase: a. New buy b. Straight forward re-buy/ routine purchasing c. Modified re-buy 2) Other interdependent factors that vary with the product Selection process A) Initial supplier qualification (Manufacturing capabilities- quality ISO 9000, Financial
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: viability – Dun and Bradstreet “Supplier qualifier report” B) Agree measurement criteria a. Cost b. Quality c. Flexibility d. Delivery e. Others C) Obtain relevant information – a. evaluation of supplier information delivered from RFPs, b. visit the supplier c. use preferred suppliers d. third party information ex. Dan & Bradstreet D) Make selection using a. Multi criteria decision making models a.i. TCO a.ii. Analytic Hierarchy Process...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online