Suppliers and Vendors

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Click to read 7 Tips for Rating and Evaluating Your Suppliers and Vendors
http://www.inc.com/guides/2010/12/7-tips-to-rate-and-evaluate-your-suppliers-and-vendors.html

Click to read Vendor Management Tips: Building Relationships
http://www.computerworld.com/managementtopics/management/story/0,10801,99816,00.html

Answer the following questions:

  • In your opinion, which of the identified criteria discussed in these articles are the most important? Rank/order the criteria according to the order of importance.
  • What are the other criteria not listed in the article that you consider important and why?
  • Is a scale a good method for scoring the criteria? If so, what kind of scale?
  • What methods would you use for evaluating your listed criteria in a project management context?

* one and a half page.. with 2 references

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