Verify
Supplier
As a matter of good
procurement practice it is important to evaluate a supplier on the
basis of actual performance rather than their promised delivery
dates, ability to meet requirements and quality. Subsequent buying
decisions are strongly influenced by this evaluation.
The Supplier
Evaluation Report provides detailed financial and operational
information on a supplier's business and can help you assess the
risk of doing business with a certain supplier.
The Supplier
Evaluation Report contains payment records, public filings,
financial information, socio-economic qualification, special events
affecting the supplier's condition and a description of the
supplier's operation.
The Supplier
Evaluation Report will also help you to:
- Confirm basic
details about the supplier, such as address and sales volume.
- Stay aware of
bankruptcies, burglaries, fires, and other events that can
affect a supplier's performance.
- Place the
supplier in an easy-to-understand risk category so you can
assess the risk of doing business.
- Understand
certain factors behind the risk rating, including financial,
public record, and operational information.
- Assess a
supplier's solvency and profitability profile.
- Examine top
management's business background and corporate relationships.
- Compare a
supplier's payment records with others in the industry to help
you spot trends in a supplier's business.
The
Supplier Verification will help you estimate Risk Summary and Risk
Commentary of doing business with a certain supplier.
To verify a supplier
you may submit a request form.
The report will
not be published in an open directory but will be emailed to you by
experts or involved parties directly.
Supplier Evaluation Request
