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SupplierEvaluations.com Launches New On-Line b2b Community.


BEDFORD, Mass. -- SupplierEvaluations.com today launched a new web site to create an online community of purchasing and supply Purchasing and Supply can have several different definitions. According to the Institute for Supply Management (ISM) [1], purchasing is defined as a major function of an organization that is responsible for acquisition of required materials, services, and equipment.  chain management professionals dedicated to collecting and disseminating dis·sem·i·nate  
v. dis·sem·i·nat·ed, dis·sem·i·nat·ing, dis·sem·i·nates

v.tr.
1. To scatter widely, as in sowing seed.

2.
 supplier performance evaluations Performance evaluation

The assessment of a manager's results, which involves, first, determining whether the money manager added value by outperforming the established benchmark (performance measurement) and, second, determining how the money manager achieved the calculated return
 based on the peer-to-peer input from its members.

Unlike existing information sites and online marketplaces, SupplierEvaluations.com builds upon peer-to-peer sharing See peer-to-peer network.  of structured supplier performance evaluations between sourcing professionals, focusing on overseas sourcing where visibility and knowledge is limited to direct experience. SupplierEvaluations is independent impartial Favoring neither; disinterested; treating all alike; unbiased; equitable, fair, and just.  and does not endorse suppliers in any way. Suppliers can participate by registering and inviting their clients to evaluate their performance and sharing this information with other potential clients. Both buyers and suppliers are integral part of the community.

"We saw a severe lack of visibility expressed by buyers when evaluating or looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 sourcing overseas," said Valery Zelixon, Founder and Managing Partner. "We saw an opportunity to connect the experience of buyers with their existing suppliers and their quest to find new suppliers. Using peer-to-peer internet community site is a perfect way to address this need. In doing our research, we also saw a need to provide buyers, especially in small to medium sized businesses, a way to manage their supplier performance data online, which is something we have added for free as a service to our community."

SupplierEvaluations.com features the Supplier Performance Evaluation Process(SM), an easy to use, objective and structured approach to collecting and comparing supplier performance across multiple suppliers. Notification tools enable the buyer to be kept up to date with evaluations from a list of existing and potential suppliers.

(Tags: supply chain management, b2b community, cheap suppliers, find a supplier, peer-to-peer evaluations)

About SupplierEvaluations.com

SupplierEvaluations.com is a web-based, business-to-business community of purchasing and supply chain management professionals dedicated to collecting and disseminating supplier performance evaluations based on the peer input from our community members with actual experience. By doing so, we believe that SupplierEvaluations.com promotes excellence in suppliers and enables better visibility for our members in their supplier selection, sourcing, and buying processes, as well as in partnering with potential suppliers. SupplierEvaluations focuses mainly on suppliers in Asian, Eastern European, and Latin American countries List of American countries

Nations:
  •  Antigua and Barbuda
  •  Bahamas
 and their small and medium size business customers in the countries such as the US, Canada, and countries of the European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the

European Community
.
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Publication:Business Wire
Date:Oct 8, 2009
Words:382
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