- In order for new suppliers to conduct business with company ABC, a standardized assessment of supplier capabilities will be conducted using a common methodology.
- ABC’s Supplier Qualification Process provides a common approach to supplier selection globally. This process enables ABC to assess their suppliers’ quality management and environmental systems’ capabilities to ensure alignment with company’s overall Supply Chain Management strategies.
- Supplier qualification ultimately leads to a more competitive supply chain that benefits the customers and the organisation . The overall methodology includes quantitative as well as qualitative criteria
Supplier Development.
- Suppliers are valued as an integral component of the company's long-term success. Therefore the organisation gives the commitment to providing technical resources to its suppliers to support their development and enable them to achieve a sustainable competitive advantage.
- The organisation will able to leverage its global resources and strengths to assist suppliers in areas such as continuous process improvement, lean manufacturing, and quality management.
- In participating in the Supplier Development Process, suppliers may share in the organisations R&D and technology capabilities.
