The purpose of the supplier assessment is to evaluate thesupplier's capability to meet Woco’s quality standards and delivery specifications consistently over time. Along with the criteria for purchasing and development, this assessment also provides guidance on decision-making regarding the assignment of new projects.
Supplier assessments are prepared on a monthly basis. Series suppliers are evaluated by each Woco plant they do business with. A solid assessment is formed for each supplier, based on the individual assessments, and this is used by Woco to determine the overall ranking.