Workflow Templates: Supplier Evaluation Checklist

Evaluate the supplier's compliance with industry standards and certifications

Review the supplier's quality control processes and procedures

Assess the supplier's track record for delivering defect-free products

Check for a comprehensive corrective action process for quality issues

Verify the supplier's process for continuous improvement and innovation

Analyze the supplier's financial statements and ratios

Check the supplier's credit history and payment terms

Evaluate the supplier's ability to invest in new infrastructure or technology

Assess any potential financial risks or liabilities

Verify the supplier's insurance coverage and risk management strategies

Examine the supplier's production capacity and scalability

Review the supplier's lead times and delivery schedules

Assess the supplier's inventory management and warehousing capabilities

Check the supplier's equipment and technology for modernity and efficiency

Evaluate the supplier's experience and expertise in relevant manufacturing processes

Assess the supplier's commitment to environmental sustainability

Check for any environmental certifications or green practices

Evaluate the supplier's adherence to labor laws and ethical practices

Review the supplier's corporate social responsibility initiatives

Verify the supplier's compliance with health and safety regulations

Evaluate the supplier's responsiveness and communication skills

Assess the supplier's ability to provide after-sales support and service

Check the supplier's process for handling customer complaints and feedback

Review the supplier's flexibility in accommodating changes or special requests

Verify the supplier's commitment to building a long-term partnership

Supplier Evaluation Checklist