Research Journal of Pharmacology and Pharmacodynamics
  • Year: 2024
  • Volume: 16
  • Issue: 3

Enhancing Supply Chain Performance: A Comprehensive Review of Supplier Quality Management Strategies

Principal of P.S.G.V.P. Mandal’s College of Pharmacy, Shahad, Maharashtra

*Corresponding Author E-mail: divyashree2609@gmail.com

Online Published on 23 April, 2025.

Abstract

This review article provides a comprehensive overview of supplier quality management (SQM) in the context of modern supply chain management (SCM). SQM is a methodical strategy aimed at examining and managing the dependability and performance of suppliers who provide components, raw materials, or services essential to the manufacturing process. The article discusses the objectives of SQM, including boosting procurement accuracy, simplifying supplier assessments, improving communication with suppliers, and promptly addressing non-compliance issues. It highlights the importance of SQM in ensuring product quality, reducing risks, and enhancing consumer satisfaction. The article also delves into supplier selection and evaluation methods, supplier evaluation criteria, risk assessment and mitigation strategies, quality assurance agreements, continuous improvement practices, and regulatory compliance challenges in SCM processes. By providing insights into these key aspects, this review article aims to offer a comprehensive understanding of SQM and its significance in contemporary supply chain operations.

Keywords

Supplier Quality Management, SQM, Supply Chain Management, SCM, Procurement, Supplier Selection, Supplier Evaluation