The Identification of Supplier Selection Criteria Within a Risk Management Framework Towards Consistent Supplier Selection

The aim of the study is to evaluate the consistency of supplier risk assessment performed during the supplier selection process. Existing literature indicates that current supplier selection processes yield inconsistent results. Consistent supplier selection cannot be accomplished without stable risk assessment performed during the process. A case study was conducted in a train manufacturer in South Africa, and document analysis, interviews and questionnaires were employed to source information and data. Triangulation and pattern matching enabled a comparative study between literature and practice from which findings were derived. The study suggests selection criteria that may be considered when performing supplier risk assessment during the selection process. The findings indicate that structured supplier risk assessment with predefined supplier selection criteria may eliminate inconsistencies in supplier assessment and selection.