Supplier pre-selection

What is meant by Supplier pre-selection?

The term "supplier preselection" refers to the process of systematically evaluating and selecting suppliers before they are included in the procurement or purchasing process. The goal of supplier preselection is to ensure that only those suppliers who meet the defined quality, cost, and performance requirements are included. This process helps to minimize risks and increase supply chain efficiency.

Typical software functions in the area of "supplier preselection" include:

1. Supplier Evaluation: Functions for assessing suppliers based on predefined criteria such as quality, price, reliability, and delivery times.
2. Evaluation Criteria Management: Management and adjustment of the criteria and weightings used for supplier preselection.
3. Automated Surveys: Creation and distribution of questionnaires or surveys to collect information from potential suppliers.
4. Data Analysis and Reporting: Analysis of collected supplier data and creation of reports to support decision-making.
5. Risk Assessment: Integration of functions to evaluate and analyze potential risks associated with suppliers.
6. Document Management: Management and archiving of documents such as certificates, contracts, and evaluations related to supplier preselection.
7. Integration with Procurement Systems: Interfaces to existing procurement and ERP systems for seamless integration of supplier preselection into the overall procurement process.