Select Suppliers
Determine the type of acquisition for each product or product
component to be acquired.
Criteria should be established to address factors that are important to
the project:
Geographical location of the supplier Supplier’s performance records on similar work Engineering capabilities Staff and facilities available to perform the work Prior experience in similar applications
- Establish and document criteria for evaluating potential suppliers.
- Identify potential suppliers and distribute solicitation material and
requirements to them.
- Evaluate proposals according to evaluation criteria.
- Evaluate risks associated with each proposed supplier.
- Evaluate proposed suppliers' ability to perform the work. Examples of methods to evaluate the proposed supplier’s ability to perform the
work include:
Evaluation of prior experience in similar applications
Evaluation of prior performance on similar work Evaluation of management capabilities Capability evaluations Evaluation of staff available to perform the work Evaluation of available facilities and resources Evaluation of the project’s ability to work with the proposed supplier
Select the supplier.