Supplier Certification: Concepts and Techniques

Outlines a supplier certification programme – a structured procedure for evaluating suppliers to determine if performance warrants a special partnership agreement. Close, long‐term relationships between buyer and supplier are becoming more common, especially for those manufacturers practising a just‐in‐time production and logistics strategy. Presents an efficient mathematical model to measure relative performance, which can serve as the central ingredient in a decision‐support system for purchasing and logistics management.