Procurement Risk Management
Running a railway is a risky business and the nature and scope of risk in the 21st century has accelerated, in particular the procurement related risk of supplier quality, price and delivery. The QSS Group Ltd (QSS) can support supplier related risk identification and management in the procurement cycle.
For safety or operationally critical materials and services associated with either traction & rolling stock maintenance and overhaul or infrastructure construction and maintenance projects this support places emphasis on:
Supplier Evaluation and Approval
In addition the technical qualifications and experience of QSS in the UK railway industry can strengthen specifications and other decisions affecting the supplier.
Procurement Managers will benefit from an in-depth assessment of their key suppliers which will be described and analysed in a business report that incorporates gap analysis, system and process review and business capability and preparedness. The outcome of the assessment may be used to define strategic as well as short term improvement programmes that build confidence in approved suppliers and mitigate supplier related risks.