Current State of Supplier Qualification in Capital Projects: Factors, Practices, and Industry Perspectives

Abstract

AbstractMaterials and equipment often comprise a majority of capital project costs, making supplier qualification pivotal to controlling cost, schedule, scope, quality, and risk. Prior studies have examined specific aspects of supplier qualification; ...Practical ApplicationsSupplier qualification is a complex, multistakeholder decision-making process and often involves a high degree of subjectivity shaped by prior experience. Accordingly, there is a practical need to map the most frequently applied ...