Ensuring adequate supplier selection
Beliaevskaia, Mariia (2017)
Beliaevskaia, Mariia
Jyväskylän ammattikorkeakoulu
2017
All rights reserved
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-201802011890
https://urn.fi/URN:NBN:fi:amk-201802011890
Tiivistelmä
Nowadays many companies start to realize the importance of dealing with reliable suppliers: selection of a right supplier contributes to the quality of a product/service, affecting the reputation of a buyer company.
Current study was assigned by subsidiary organization of XXX company, based in Saint Petersburg, Russia. The main objectives of the study were both to identify selection criteria for potential suppliers the company could rely on also in the future and choose the most suitable supplier at the current tendering in accordance with the detected requirements.
The study was based on the desk and qualitative research methods. Final supplier selection was made based on the SWOT analysis together with the supplier’s criteria hierarchy pyramid.
The individual requirements for the subsidiary organization of XXX Company were set: supplier’s product specification was identified as the most important criterion as the company’s business (oil and gas industry) requires unique high-tech raw material – even little discrepancy in physical/chemical properties can lead to a damage of the complete items (pipes).
In accordance with this core factor four potential supplier companies were chosen for further research: company A (material MA), company B (material MB); company C (material MC), company D (material MD). The second two most important factors for the company are supplier’s production capacity and supplier’s reliability. Final selection – company A (material MA) - this supplier got the biggest amount of scores for the three core criteria mentioned above.
As a result, the subsidiary organization of XXX has received individual range of requirements for a selection process of the most suitable supplier, which can be utilized also in the future. In addition, a new supplier of pipe isolation was identified, and suggestions for further supplier-buyer relationship development were proposed.
Current study was assigned by subsidiary organization of XXX company, based in Saint Petersburg, Russia. The main objectives of the study were both to identify selection criteria for potential suppliers the company could rely on also in the future and choose the most suitable supplier at the current tendering in accordance with the detected requirements.
The study was based on the desk and qualitative research methods. Final supplier selection was made based on the SWOT analysis together with the supplier’s criteria hierarchy pyramid.
The individual requirements for the subsidiary organization of XXX Company were set: supplier’s product specification was identified as the most important criterion as the company’s business (oil and gas industry) requires unique high-tech raw material – even little discrepancy in physical/chemical properties can lead to a damage of the complete items (pipes).
In accordance with this core factor four potential supplier companies were chosen for further research: company A (material MA), company B (material MB); company C (material MC), company D (material MD). The second two most important factors for the company are supplier’s production capacity and supplier’s reliability. Final selection – company A (material MA) - this supplier got the biggest amount of scores for the three core criteria mentioned above.
As a result, the subsidiary organization of XXX has received individual range of requirements for a selection process of the most suitable supplier, which can be utilized also in the future. In addition, a new supplier of pipe isolation was identified, and suggestions for further supplier-buyer relationship development were proposed.