Supplier appraisal describes all those activities undertaken to evaluate a potential source of supply. The criteria considered will depend upon the nature of the acquisition, but most evaluations explore technical capability, capacity, quality of service and financial health. Supplier appraisal may involve desk-based research, such as checking references or commissioning credit checks, or field research, such as visits and trials.
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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 consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.
