27.6 C
Wednesday, January 19, 2022
HomeProcurementProcurement Techniques for Improving Supplier Quality

Procurement Techniques for Improving Supplier Quality

Supplier quality is the ability of a supplier to deliver goods or services that will meet and satisfy customers’ requirements. The quality performance of suppliers will affect largely and directly to the quality performance of an organization. Ineffective procurement techniques for supplier quality can be catastrophic to business growth. It will negatively impact the reputation of organization, create legal and financial impacts that cannot be fully passed to the supply partners at fault. Thus, most of the organizations emphasizes on effectively managing and improving supplier quality.

Supplier quality is assured by having clear requirements on all aspects of product quality, logistics, legal, environmental requirements and quality requirements. To manage and improve supplier quality, organizations shall apply the procurement techniques including measuring and tracking of the cost of quality (COQ), implementing cost recovery process, alignment of supplier risk management with quality audits, supplier rationalization, standardization of supplier quality and performance metrics as well as application of collaborative approach to corrective action.

The full content is only visible to SIPMM members

Already a member? Please Login to continue reading.

Aow Yong Li Ping, DPSM
Aow Yong Li Ping has several years of experience in the field of sales and procurement, specifically in the cable assembly industry. She holds a Bachelor of Environmental Science and Technology. Li Ping is a member of the Singapore Institute of Purchasing and Materials Management (SIPMM). She completed Diploma in Procurement and Supply Management (DPSM) on June 2020 at SIPMM Institute.

Most Read