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Preeti Singh
on Oct 27, 2024

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An example of a semiformal supplier evaluation tool is:

A) conversations with others in the organization about how a supplier is doing.
B) measuring parts per million defects.
C) cost reduction reports.
D) an annual discussion between top executives in the buying organization and those of the supplier.
E) rating on-time delivery performance as poor,fair,good or excellent.

Semiformal Tools

Tools or methods that combine formal and informal elements, usually used to streamline processes or improve efficiency in an organizational context.

Supplier Evaluation

The process of assessing and reviewing a supplier's performance and capacity to meet contractual obligations and quality standards.

Defects Measurement

The process of identifying, quantifying, and analyzing defects in products or services to improve quality and customer satisfaction.

  • Familiarize oneself with the criteria and methodologies for the assessment of supplier effectiveness.
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Mrithika MahendranOct 30, 2024
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