Evaluating suppliers and contractors
Home page Service Audit, measurement and evaluation Evaluating suppliers and contractors

Technical and qualitative assessment

Reviewing the supplier's technical and technological capabilities

This service includes an assessment of the supplier's technical knowledge, technology level, engineering and design capabilities, human resource skills, and research and development capabilities. This assessment ensures that the supplier has the technical ability to meet the requirements.

Evaluation of the quality assurance and process control system

In this service, the supplier's quality management system, process control procedures, test and inspection methods, calibration of measuring equipment, and quality documentation are reviewed to ensure the ability to produce a product with consistent quality.

Inspection of facilities, equipment and production lines

This service involves a physical visit to the supplier’s factory or workshop to assess the physical condition, discipline, equipment maintenance, level of automation and actual production capacity. This visit provides valuable insight into operational throughput.

Financial and economic evaluation

Analysis of financial statements and financial ratios
This service includes reviewing the supplier's audited financial statements (balance sheet, income statement, cash flow statement) and calculating key financial ratios such as liquidity, leverage, activity, and profitability ratios.
Financial stability and business credit review
This service examines the supplier's long-term financial stability, credit history, status of loans and financial obligations, and any financial litigation. This assessment prevents the risk of bankruptcy or financial insolvency of the supplier.
Evaluation of proposed prices and commercial terms
This service includes a competitive analysis of bid prices, transparency of cost details, payment terms, warranties and other commercial terms included in the supplier's proposal. This analysis helps ensure that the price is fair and cost-effective.

General and integrated assessment

Reviewing history, experience, and reputation in the market
This service includes research into the supplier's history, work experience with other clients, successful projects, certificates, letters of appreciation, and overall reputation and credibility in the market and industry.
Assessing logistical capability and on-time delivery
In this service, the supplier's logistics capabilities, including warehousing systems, transportation fleet, inventory management, and on-time order delivery history, are evaluated to ensure continuity of supply.
Preparing the final report and ranking suppliers
This service includes the preparation of a comprehensive report that integrates all technical, financial and general aspects of the evaluation and ranks suppliers based on a standardized scoring system. This report provides a scientific basis for management's final decision-making.

final output

Comprehensive supplier evaluation and ranking report with selection recommendations.