Vendor evaluation process is a very complex process and is used for selection of vendors such as suppliers etc. There are four key steps for vendor evaluation which are:
- Focus on the business environment
- Define basic requirements
- Define and use a simple evaluation criteria.
- keep constant check of timing.
See the link below for details:
Vendor evaluation criteria
- Focus on the business environment
- Define basic requirements
- Define and use a simple evaluation criteria.
- keep constant check of timing.
See the link below for details:
Vendor evaluation criteria