Part of the supplier evaluation process, a supplier visit is on-site evaluation of a supplier’s infrastructure, capacity, capability, methods, quality systems and culture. Visits may also be undertaken as a compliance audit to validate that policy and procedure are being adhered to. Visits usually combine a technical assessment by subject matter experts and a commercial assessment. As travel budgets have come under pressure, visits to suppliers are less common than they used to be, but represent an opportunity to assess the reality of a potential supplier’s ability to meet the buyer’s requirements.
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Discover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and procurement consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.
