Purpose:
- To award business to the supplier.
- To initiate the supplier's project start.
Early supplier selection should ensure, that the serial supplier's project involvement and cooperation in projects starts immediately.
Background for this is, that Veoneer needs and expects the Supplier's expertise and support to ensure, that the project, the product and process become optimized with regard to cost, quality, delivery feasibility and risk.
Input from Veoneer:
- After quotation review, Team Feasibility Commitment (TFC) and supplier selection: Confirmation of business award: e.g. Letter of intent / serial commitment.
Requirements:
Before the supplier is selected:
- Supplier shall have accepted the VSM (Veoneer Supplier Manual). VS051 performance will be received as part of the sourcing process (listed on Sourcing Board review) and management will make final decision for new business award after all applicable information is presented to the Sourcing Board.
- Supplier shall have completed the TFC, Major feasibility concerns and design change requests must be agreed on by Veoneer before supplier selection. (Reference: Step 2/VSM-Product-Life-Cycle).
After supplier selection:
- Suppliers may expect to receive either a “letter of intent”, a serial commitment or other from Veoneer.
- As a result Veoneer expects the supplier's commitment to start an official project supporting the milestones by providing the needed resources, services, capital, equipment etc. to meet the Veoneer requirements. For Project Management requirements, reference is made to the General Requirements/Specific Requirements/Project Management
Output from Supplier:
- Sign-off of TFC
- Commitment to latest status of TFC and action plan
- Identification of project leader and team
- Release of supplier project and start of project plan
Required Documents:
Reference Documents:
Latest revision
Date:
13/10/2020
Updated broken links.