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Selection Criteria

How We Select Vendors
 

Successful applicants for Robot Investments supplier status should meet a majority of our seven key vendor performance criteria:

  1. Value: "Value" at Robot Investments is more than a good price. In fact, price is not the sole determining factor. Quality, service and delivery are very important in our strategic sourcing review.
  2. Capacity/Distribution: Robot Investments often has a North American scope and high-volume requirements. Vendors must have the capacity and distribution capabilities to meet our requirements over wide geographic areas, as required. Smaller businesses should keep in mind that strategic alliances can often help accomplish this.
  3. Electronically Capable: Suppliers must have the ability to conduct business electronically with web /internet based equipment. Robot Investments actively promotes electronic procurement, including electronic invoicing
  4. Stability: Vendors must be both solvent and able to meet long-term contractual obligations.
  5. Diversity: Supplier Diversity promotes development and provides maximum opportunity for minority-, women-, and disabled-owned businesses to participate in the procurement activities of Robot Investments. Vendors must be able to demonstrate support for diversity, equity and people with disabilities in the workplace.
  6. Workplace Environment: Vendors must have established policies, practices and standards in place promoting a safe and healthy environment.
  7. Canadian & US Content: In support of North American businesses, the amount of Canadian and US product and service is taken into consideration.

Depending on Robot Investments needs, any one of these criteria may have more weight in the review process. That said, demonstrating your business' capability to meet or exceed these criteria will help set you apart from your competitors.

If you believe your business has what the companies of Robot Investments need, take a first step to applying for vendor status by submitting a Vendor Information.

 
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