Topic outline

  • Task: SS060-004


    Supplier Selection

    Knowledge Category: IV.K.5. Pre-Award/Post-Award Evaluations

    Functional Discipline: Quality

    ADLI Scale: IV.K.5.

    Process: Perform Financial Capability Assessment on Supplier/Partner

    Process Purpose: 

    To the extent a supplier/partner will require extensive resources to perform the stated scope of work, assess the financial capability of the supplier and their sustained ability to conduct business.

    Supplier Emphasis: 

    To the extent a supplier/partner intends of outsourcing given work, they assess the financial capability of potential sub-tier suppliers to ensure sustained ability to conduct business.

    Knowledge and Skills Requirements: 

    Ability to assess the financial capability of the supplier and their sustained ability to conduct business and ensure their ability to execute the defined work scope. Ability to assess supplier/partner sub-tier suppliers to identify processes and/or products that may require significant financial capital to deliver. Ability to evaluate the financial health of key supplier/partner sub-tier suppliers. Ability to document the results of financial health analyses.