Supplier Appraisal, Evaluation and Selection: Top Choice in Johor Bahru (JB), Malaysia Growthvue Management & Consultancy (M) Sdn Bhd

Description

The purpose of this module is to provide participants with the information and knowledge to appraise suppliers and then monitor and improve the performance of suppliers. It is also intended to provide participants with the information and knowledge to review and develop existing supplier relationship and build and develop new supplier relationships. It may cover, but not be limited to, the following:

Supplier appraisal

Methods of Supplier Appraisal
How to select criteria to appraise suppliers?
Evaluation of Appraisal results
Appraisal Timing
Benefits of Supplier Appraisal
Using appraisal as strategic tool to build supplier capability
Types of Appraisal – Technical, Financial, Commercial,
Environmental and Ethical appraisal
How Much Appraisal to do?
Appraisal Process

Financial appraisal

Evaluate the appropriate cost and benefit models for a wide variety of scenarios
Evaluate and assess reports that have their origins in finance and accounting and relate them back to the business
Compare the value and relevance of financial information in the context of the decision-making process for evaluation and selection of supplier and service providers
Use the wide variety of finance and accounting terminology
Propose financial management tools and techniques and be able to apply these in relation to the total procurement and supply chain process
Evaluate the elements that make up a complex business case for a capital acquisition, including downstream maintenance, service provisions for the life of the acquisition, and disposal.
Assess the non-financial factors that are interrelated with financial modeling and analysis, and predict their impact

Supplier performance management

Setting key performance indicators
Assessing supplier performance
Supplier performance scorecard
Stakeholders involved and their implications

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