Criterial suppliers’ evaluation model aimed at SCM performance, production and engineering process’s improvement

This paper focuses on the suppliers’ evaluation and selection and aims to develop a criterial model of suppliers’ evaluation as an innovative method for engineering and business education. This new method comes with the purpose of organisational supply chain management performance growth, by improving the entire supply chain system and engineering process, and bringing contribution to the specialty literature in this field. The research methodology is based on qualitative research. The bibliographic research from various secondary sources is used, such as diverse books, scientific articles, reports and information material. In order to achieve a high performance in an organisation it is necessary to monitor and control the procurement process. Certain gaps have been identified in identifying a supplier rating and selection system based on both logistical, financial, price or quality aspects. As an own contribution, this paper proposes a criterial model of evaluating and selecting suppliers, based on specific aspects related to the product, services, delivery and to the financial situation. The motivation of choosing this model is found in its capacity of noticing the negative aspects regarding the relationship between an organisation and its suppliers and finding out the improvement aspects, with a high impact on the engineering process’ and supply chain management’s improvement. The model offers the possibility to benchmark the suppliers, aspect which favours the potential collaboration with future suppliers.