Supplier Evaluation - Tools

Tools

Some of the challenges associated with supplier evaluation may be mitigated by the use of appropriate tools. For simple projects a spreadsheet can be used. But as evaluations become more complex or more frequent data management and data integrity issues become significant. Web Electronic RFP / Tendering systems are often used for initial selection projects. Some products provide functionality for combining both initial selection and ongoing evaluation and benchmarking.

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Famous quotes containing the word tools:

    But lo! men have become the tools of their tools.
    Henry David Thoreau (1817–1862)

    Think of the tools in a tool-box: there is a hammer, pliers, a saw, a screwdriver, a rule, a glue-pot, nails and screws.—The function of words are as diverse as the functions of these objects.
    Ludwig Wittgenstein (1889–1951)

    Justice and truth are too such subtle points that our tools are too blunt to touch them accurately.
    Blaise Pascal (1623–1662)