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Supplier Selection

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May 1, 2024 3 minute read

Supplier selection is the process of identifying, evaluating, and choosing suppliers for goods or services. It is an important part of supply chain management, as it can affect the quality of the goods or services, the price, and the delivery time. There are many different factors to consider when selecting suppliers, including cost, quality, reliability, and sustainability.

Why Learn About Supplier Selection?

There are many reasons why you might want to learn about supplier selection. If you're involved in supply chain management, it's essential to have a strong understanding of supplier selection. This knowledge can help you make better decisions about which suppliers to work with, which can lead to cost savings, improved quality, and better customer satisfaction.

Even if you're not directly involved in supply chain management, learning about supplier selection can still be beneficial. It can help you understand the factors that affect the cost and quality of goods and services, and it can help you make better decisions about which suppliers to use for your personal or business needs.

How Online Courses Can Help You Learn About Supplier Selection

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Reading list

We've selected eight books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Supplier Selection.
Provides a comprehensive overview of the supplier selection process, from defining requirements to evaluating and selecting suppliers. It is particularly useful for those who are new to supplier selection or who want to improve their current process.
Provides a practical guide to supplier selection and management. It covers topics such as supplier segmentation, supplier performance management, and supplier relationship management.
Provides a guide to identifying, assessing, and mitigating supplier risks. It covers topics such as supplier risk management strategies, supplier risk assessment techniques, and supplier risk mitigation strategies.
Provides a guide to developing and implementing a supplier management program. It covers topics such as supplier management strategies, supplier management benefits, and supplier management challenges.
Discusses the impact of digital technologies on supplier selection. It covers topics such as supplier selection criteria, supplier selection methods, and supplier selection tools.
Discusses the impact of digital technologies on supplier segmentation. It covers topics such as supplier segmentation criteria, supplier segmentation methods, and supplier segmentation tools.
Discusses the impact of digital technologies on supplier performance management. It covers topics such as supplier performance measurement metrics, supplier performance measurement systems, and supplier performance improvement strategies.
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