Actions

S004

Identify Supply Sources

The activities associated with discovering, evaluating and selecting potential suppliers. For each potential supplier a supplier profile is developed to enable data-driven decisions. This may include benchmarking suppliers and pre-qualifying selected potential suppliers. Selected potential suppliers are invited to participate in the Tendering and/or Negotiation processes.

Sources of potential suppliers include:

  • Company supplier records - current and past suppliers
  • Industry organizations, registers and directories
  • Catalogs, internet and trade journals
  • Internal suppliers (vertical integration)

Depending on strategic importance, value of purchase and complexity, supplier selection and pre-qualification may include analysis of:

  • Financial risks - Liquidity, Profitability, Long-term financial strength
  • Operational risks - Resilience, Contingency planning
  • Delivery performance - Lead time, Quality, On-time
  • Capacity and flexibility
  • People risks - Management, key staff and skills retention
  • Diversity and ethical considerations

Other emerging or industry-specific areas of analysis include: Environmental, single vs. multi-sourcing, capacity share. Denied Party List Pre-Qualification Questionnaire

Hierarchy

IDNameLevelx
S0Strategic Sourcing2S0
S004Identify Supply Sources3S004

Term(s)

IDNameClearx
DPLDenied Party ListDPL
PQQPre-Qualification QuestionnairePQQ

Workflow

FromInput(s)
Process
Output(s)To
S004
wf_arrowwf_process
Potential SupplierS005
Potential SupplierS006
Identify Supply Sources Strategic Sourcing 200400 3 {{{keywords}}} {{{description}}}