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Unit 7: Selection of Suppliers
Answers: Self Assessment Notes
1. Purchase 2. Supplier
3. Internet 4. RFI
5. Supplier 6. Evaluation
7. Hierarchical 8. Rating
9. Subjective 10. Competition
11. Information 12. Single, multiple
13. Asset 14. Dividends
15. Vendors
7.8 Further Readings
Books Ramakrishnan. R V, Tony Arnold. J R (2007). “Introduction to Materials Management”.
Pearson
K. Shridhar Bhat, “Production and Materials Management”. Himalaya Publishing
House
Chary. S.N., “Production and Operations Management”. Tata McGraw Hill
Gopalkrishanan. P, Sundaresan. M, “Materials Management: An Integrated Approach”.
PHI Learning Pvt. Ltd.
Online links http://www.enotes.com/vendor-rating-reference/vendor-rating
http://scm.ncsu.edu/scm-articles/article/performance-measurements-and-
metrics-an-analysis-of-supplier-evaluation
http://www.inc.com/resources/retail/articles/200608/hurlbut.html
http://www.purchasing-procurement-center.com/selecting-a-vendor.html
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