Most of the metrics previously discussed can also be used for suppliers. In addition, the following categories can also be used for performance evaluation and measurement of suppliers.Enter your text here...
Financial Metrics
Supply Chain Metrics
Quality Metrics
Sustainability Metrics
Please refer to the metrics for sustainability covered earlier.
Relationship Metrics
It is not just the effort of cost-effective purchasing that determines the value-add component of procurement, but the relationship between the buyer and seller as well. Examples of metrics include:
Metrics for Service Organizations
Many of the metrics previously mentioned are also applicable to the suppliers of service organizations. In addition, some specific measures for service firms include: