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.
Read more about this topic: Supplier Rating
Famous quotes containing the word tools:
“But lo! men have become the tools of their tools.”
—Henry David Thoreau (1817–1862)
“A life I didn’t choose
chose me: even
my tools are the wrong ones
for what I have to do.”
—Adrienne Rich (b. 1929)