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Purchasing Risk Assessment

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  • #34422

    Tierradentro
    Participant

    Does anyone have information on Purchasing Risk Assessment?   This would be for potential customers.

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    #94866

    SSS
    Member

    John, what do you mean with Risk Assessment? Pls provide me with an example so that I understand this product & your question.
    Thank You

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    #94944

    Tierradentro
    Participant

    I am looking for someone who might have some type of checklist or a form of what to look for when looking at a future supplier.  I am in automotive.  A Risk Assessment should be done before entering into a relationship.  I would like this to help me choose a supplier.

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    #94945

    mfg_eng
    Participant

    The measurement of risk first requires the definition of risk by the business.  How do you define risk? There is business risk – will the supplier stay in business (financial risk).  Quality risk – can the supplier meet our quality requirements?  Delivery risk – can the supplier meet our delivery requirements? Cost risk – can the supplier meet our cost targets.  Each category has sub-definitions, which you break down to get to auditable categories that can be rated on a “checklist”. 
    Most big auto companies use their SQA and purchasing organizations to do their high-level risk assessments, to get approved vendor lists.  Then you do your “local” assessment when you are deciding between approved vendors, such as does vendor A use the approved hydraulic fittings supplier, or do they require a deviation to use their standard.  Risk doing that, as well as a risk to make them use a supplier they are not familiar with.  Assess the risks in your business, and then rate them.  No one-size-fits-all risk rating.

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    #94951

    Tierradentro
    Participant

    I know this is not a six sigma task but maybe it should be.  I work in purchasing and service our supplier base for our plants.  We do not have any information on Risk Assessment that we can use.  We can put something togeather  that would work, but I was wondering if anyone else has something that they have used in the past.  There is alot at risk here if we don’t do our homework.  Any information with this would be helpfulllllll.
    Thanks 

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