The Supplier Selection Process: How to Keep It Objective / Unbiased

Selecting the right supplier is a critical decision that can significantly impact a business' operations, costs, and profitability. However, the process can sometimes become clouded by personal preferences, incomplete requirements, or selection bias. To ensure that supplier selection is objective, defensible, and aligned with business needs, procurement teams must take the lead in managing the process. By gathering requirements from stakeholders, weighting those requirements, and applying a systematic scoring process, organizations can make well-informed supplier choices.

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