Risk Based Supplier Evaluation

Overview:

The supplier evaluation webinar will provide an opportunity for supplier management professionals how to define, evaluate, document, and implement supplier controls based on the most appropriate risk mitigation strategies for supplied products and services. 

Why you should Attend:

This webinar will provided an approach to implement an effective and efficient risk-based supplier management program. The key to have a successful risk based supplier evaluation is by understanding risk in supplier chain; how to assess and prioritize risk associated with suppliers in terms of products and services provided; and challenges associated with supplier evaluation and re-evaluation.

Areas Covered in the Session:

Webinar will cover following topics:

• Supplier Planning - using a planning activity with a risk-based approach.
• Supplier Selection - perform selection and risk analysis on criteria-driven alternatives.
• Evaluation and Acceptance - methods for supplier monitoring and metrics, and agreement components.
• Controls - acceptance criteria, Change controls, and supplier audits.
• Measurement and Monitoring - supplier corrective action
• Feedback and Communication - reporting and risk based re-evaluation program.

Who Will Benefit:

• Supplier Quality Managers 
• Senior management in Quality Assurance 
• Procurement Managers 
• Operation Managers