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Evaluating Suppliers: Carter’s 10 C’s explained


Carter’s 10 C’s offer a comprehensive framework for assessing potential suppliers, providing organizations with a structured checklist to guide their supplier selection process:

1. Competency: Evaluate suppliers’ capabilities beyond basic competencies, considering factors such as expertise, innovation, and quality standards.

2. Capacity: Ensure suppliers have the capacity to meet demand fluctuations and scale alongside your business growth trajectory.

3. Commitment: Prioritize suppliers committed to building collaborative partnerships and aligning with your organization’s strategic objectives.

4. Control: Establish control mechanisms to maintain oversight over supplier performance, product quality, and compliance.

5. Cash: Evaluate suppliers’ financial stability and liquidity to ensure they can meet their obligations reliably.

6. Cost: Consider total cost of ownership, encompassing both direct and indirect expenses, when evaluating supplier proposals and negotiating contracts.

7. Consistency: Seek suppliers capable of delivering consistent quality and performance over time.

8. Culture: Assess cultural alignment and compatibility between your organization and potential suppliers to foster effective collaboration.

9. Clean: Ensure suppliers adhere to ethical and legal standards, free from any regulatory or compliance issues.

10. Communication: Prioritize suppliers with clear and transparent communication channels, facilitating effective collaboration and problem-solving.

Carter’s 10 C’s provide organizations with a robust framework for selecting suppliers that align with their strategic objectives and operational needs. By systematically evaluating suppliers across these criteria, organizations can mitigate risks, drive operational efficiency, and establish enduring partnerships that contribute to long-term success and competitiveness in the marketplace.