Vendor Requirements and Evaluation in a Just‐In‐Time Environment
International Journal of Operations & Production Management
ISSN: 0144-3577
Article publication date: 1 April 1990
Abstract
One of the essential tasks in implementing JIT is to integrate suppliers in the overall strategy. The process of vendor evaluation and selection is a time‐consuming and critical aspect of establishing vendor partnerships. The various attributes that are important in implementing JIT into the purchasing process are discussed. These attributes are categorised as financial, service, and technical. Several traditional vendor evaluation procedures are examined, their advantages and disadvantages described, and a new dimensional analysis model is introduced. This model has certain advantages over the traditional methods. An illustration of how the model can be used to assist purchasing in the selection of suppliers is given.
Keywords
Citation
Hillman Willis, T. and Huston, C.R. (1990), "Vendor Requirements and Evaluation in a Just‐In‐Time Environment", International Journal of Operations & Production Management, Vol. 10 No. 4, pp. 41-50. https://doi.org/10.1108/01443579010002518
Publisher
:MCB UP Ltd
Copyright © 1990, MCB UP Limited