Having determined & recommended suppliers as preferred, the process of continuous assessment applies for these suppliers. This is encompassed in our Supplier Evaluation program for which the suppliers are rated for their performance level in 4 critical areas - Purchasing, Quality, Logistics & Technology.
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We apply this program for suppliers which covers 95% of our purchase, thereby covering a substantial portion of our supply base. The evaluation is done at a pre-determined period and the result of the rating has a definite impact on the continuing business relationship with the suppliers.
These which attain top scores are given commendation awards. These which falls below a pre-determined score are subject to appropriate warnings & corrective actions for improvements.
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