Glossaria.net

Glossary Logistics / Term

Categorical Plan

A method of selecting and evaluating suppliers that considers input from many departments and functions within the buyer’s organization and systematically categorizes that input. Engineering, production, quality assurance, and other functional areas evaluate all suppliers for critical factors within their scope of responsibility. For example, engineering would develop a category evaluating suppliers’ design flexibility. Rankings are developed across categories, and performance ratings are obtained and supplier selections are made. Also see: Weighted-Point Plan.

Permanent link Categorical Plan - Creation date 2021-12-06


< Catalog Channel Glossary / Logistics Category Management >