How do event based qualifications work?

Summary

This post illustrates how you can use the event based initiatives and qualifications to qualify your suppliers automatically.

Content

Qualifying suppliers strategically may include screening on whether they meet the required safety and quality standards, or social and environmental responsibility, or whether the supplier meets sufficient levels of different certifications.

It involves various steps starting from sending questionnaires to suppliers and internal responders, accepting their responses, evaluating their responses, and lastly, qualifying the supplier. These steps are applied to each and every supplier before finalizing their qualification. This process can easily get monotonous and time consuming.

You can automate the process of creating initiatives and qualifications by defining simple rules based on various business events for your procurement business unit. The business events include supplier registration, supplier registration approval, supplier promotion and requalification.