Answer to Question #313891 in Management for Modi

Question

A large nationally dispersed firm wishes to select a new warehousing services provider amongst several contenders. Prepare a detailed list of background information and performance indicators/metrics that you would seek from all prospective service providers to assist in your vendor assessment and selection.

Answer 1

a. Company overview and organization performance for all prospective contenders

b. Provider's operational abilities/ capacities/ experience

c. Price/Value for money

d. Economic performance

e. Market position

f. Quality performance

g. Key customers and customer approach

h. Scorecard ranking against each other on reliability, responsiveness, and flexibility