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Vendor Requirements and Evaluation in a JustInTime Environment

Vendor Requirements and Evaluation in a JustInTime Environment One of the essential tasks in implementing JIT is to integratesuppliers in the overall strategy. The process of vendor evaluation andselection is a timeconsuming and critical aspect of establishing vendorpartnerships. The various attributes that are important in implementingJIT into the purchasing process are discussed. These attributes arecategorised as financial, service, and technical. Several traditionalvendor evaluation procedures are examined, their advantages anddisadvantages described, and a new dimensional analysis model isintroduced. This model has certain advantages over the traditionalmethods. An illustration of how the model can be used to assistpurchasing in the selection of suppliers is given. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Operations & Production Management Emerald Publishing

Vendor Requirements and Evaluation in a JustInTime Environment

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References (9)

Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0144-3577
DOI
10.1108/01443579010002518
Publisher site
See Article on Publisher Site

Abstract

One of the essential tasks in implementing JIT is to integratesuppliers in the overall strategy. The process of vendor evaluation andselection is a timeconsuming and critical aspect of establishing vendorpartnerships. The various attributes that are important in implementingJIT into the purchasing process are discussed. These attributes arecategorised as financial, service, and technical. Several traditionalvendor evaluation procedures are examined, their advantages anddisadvantages described, and a new dimensional analysis model isintroduced. This model has certain advantages over the traditionalmethods. An illustration of how the model can be used to assistpurchasing in the selection of suppliers is given.

Journal

International Journal of Operations & Production ManagementEmerald Publishing

Published: Apr 1, 1990

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