Page 33 - KRA Annual Report 2020
P. 33

KRA ANNUAL REPORT                                                         Company
                        2020                                                                         Profile



               DUE DILIGENCE VENDOR/ VENDOR MANAGEMENT


         The company operational activities basically require the role of good corporate business partners (Supplier).
         To obtain a qualified & competent supplier, due diligence are needed to understand the supplier’s business &
         investigate related Office & Workshop Location, legal document, kind of product or service, and stock.

         KRA  also  has  created  the  monitoring  summary  to  control  the  performance  of  Due  Diligence  quantity
         achievement every month.

         Started from 2020, we experiencing the Covid-19 pandemic. So for due diligence vendor agenda implemented
         by virtual meeting and conducted regularly for some vendors.






















                                        Due Diligence Vendor process by virtual meeting




              VENDOR EVALUATION


         To provide qualified products and services to support company operational, supplier evaluation is needed to
         ensure the consistency of their product quality, their performance, and development.

         Once  a  year  procurement  will  make  each  supplier’s  assessment  report,  then  that  report  will  inform  to
         suppliers. The goal of vendor evaluation is to improve supplier performance in next year.

         Started from 2020, we faced the Covid-19 pandemic. So, the vendor evaluation agenda conducted by virtual
         evaluation.



















                                            Vendor Evaluation by virtual meeting

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