Supplier Rating - 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:

    There is a great satisfaction in building good tools for other people to use.
    Freeman Dyson (b. 1923)

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

    Machinery is aggressive. The weaver becomes a web, the machinist a machine. If you do not use the tools, they use you. All tools are in one sense edge-tools, and dangerous.
    Ralph Waldo Emerson (1803–1882)