Asked by
Andrea Sarmiento
on Oct 18, 2024Verified
Supplier performance must be rated on many different factors because
A) the factors impact the total supply chain cost.
B) the factors minimize the supply chain involvement.
C) the factors reduce the impact of price.
D) the factors maximize the supply chain price.
Supplier Performance
The evaluation of how effectively and efficiently a supplier meets the requirements and expectations set by the buyer, including delivery, quality, and cost.
- Recognize the importance of evaluating supplier performance on various factors.
Verified Answer
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Learning Objectives
- Recognize the importance of evaluating supplier performance on various factors.
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