63 Summary of Unit 3

Summary

The different supplier evaluation tools, the supplier motivation model and the challenges of global sourcing discussed in this unit have provided a thinking framework for the buying organisation to evaluate suppliers and reach consensus on the supply strategy, tactics and actions for the different categories of procurement items. The evaluation team may also consolidate the supply targets for each procurement item and hold meetings with the shortlisted suppliers to enable a more effective decision. Finally, the suppliers that best fit the commodity strategy to be employed are chosen based on their performance in the supplier analysis.

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