mfg-supplier-scorecard
Supplier Scorecard
Framework
IRON LAW: Evaluate on QCDS (Quality, Cost, Delivery, Service) — Not Just Price
The cheapest supplier who delivers defective parts late with no support
is the most expensive supplier. Total Cost of Ownership (TCO) includes:
purchase price + incoming inspection + rework + downtime from defects +
expediting fees + management overhead.
NEVER select suppliers on price alone.
Four Evaluation Dimensions (QCDS)
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