Yantai TIMKEN Supplier Performance Evaluation Improvement

The modern enterprise competition is the competition between supply chains. Supplieris the first and the most important step in supply chain. Selection and development thesuitable suppliers place a decisive role in effective operation of supplier chain.Supplier performance assessment is the core culture of supplier management. If we setup a standard supplier performance evaluation system, we can learn the vendors’ weaknessand improvement direction, or we can avoid the risks of delivery and quality and can makesuppliers understand our requirements clearly. We can manage suppliers fairly and openly toestablish a good strategic partnership with supplier.This article analysis the Yantai TIMKEN procurement environment and establish asupplier performance evaluation steps and schedule an assessment plan with responsibilityand frequency, SWOT analysis for purchasing group, give an detail weight%for differentevaluation items according to their different importance.This article through to the Yantai TIMKEN company supplier performanceimprovement，solved the Yantai TIMKEN purchasing supplier performance evaluationproblems, the approach is practical and effective.