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Appraisal, Supplier


Source: Procurement Glossary
Author: Paul Rogers
Institute: CIPS - UK

Courtesy of


 

Appraisal refers to the evaluation of potential suppliers.  It differs from vendor rating which is the assessment of existing suppliers.  Typically supplier appraisal is undertaken on a multifunctional basis and involves a combination of desk-based evaluation, such as analysis of annual reports and, field-based assessment such as a product trial, visit to a reference site, or assessment of providers facilities.  See also Vendor Rating.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 




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Last update 10 Mar 2023
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