11. When evaluating suppliers for supplier
certification, personal visits may be made to the prospective supplier to
observe operations first hand.
12. One
result of an effective supplier certification program is an increase in the
supplier base.
13. An
effective supplier certification program will increase time spent on incoming
inspections.
14. In
a weighted-criteria evaluation system the weights of all the performance
dimensions must add up to total more than 1.00 and less than 100.
15. When
using a weighted-criteria evaluation system with five or more categories,
vendors should be ranked based on their score in the two highest weighted
categories, the others should be discarded.
16. ISO
14000 is a family of international standards for environmental management.
17. As
companies outsource more and more parts, it becomes easier to achieve cost
savings internally.
18. Offering
an awards program to suppliers both motivates the suppliers to commit to a
program of continuous improvement as well as provides role models for suppliers
to follow.
19. A
comprehensive SRM strategy would likely include dedicated supplier managers, processes
that would help in establishing standardized best practices, and the
utilization of tools that would help gather and evaluate results.
20. Smoother
processes, faster cycle times, reduced new product development, and improved
time-to-market are possible benefits from the increased visibility that is
offered by SRM software.
