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2023 | OriginalPaper | Chapter

A Model for Engineering, Procurement, and Construction (EPC) Organizations Using Vendor Performance Rating System

Authors : Sujit Kumar Panda, Sukanta Kumar Baral, Richa Goel, Tilottama Singh

Published in: Intelligent Systems and Machine Learning

Publisher: Springer Nature Switzerland

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Abstract

Assurance in Quality deals beardly with multi sourcing as well as vendor expansion undertakings. The vendors present in the system are reviewed for extension of their agreement. There are fairly a big number of suppliers available for various items distributed as per directorates, by means of limited number of resources; it turns into hard to prepare review report in time. For requirement of transparent structure, different cases need to deal or handle equivalently as well as visits are being systematized. The dealer assessment device may offer with a transparent device by using that; selection can be done to allocate with ground visits for re-evaluation. The preferred additionally specify that require for improvement of supplier assessment system need to be categorical with retaining cost of vendor rating gadget against expected returns as well as other aspects in assessment. Consequently, the rating gadget primarily centered on four vital elements viz. Quality, Service, Delivery in addition to Machine might be well enough to achieve the necessity. The rating device can be employed in different decision-making equipment additionally.

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Metadata
Title
A Model for Engineering, Procurement, and Construction (EPC) Organizations Using Vendor Performance Rating System
Authors
Sujit Kumar Panda
Sukanta Kumar Baral
Richa Goel
Tilottama Singh
Copyright Year
2023
DOI
https://doi.org/10.1007/978-3-031-35081-8_1

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