Which of the following are considered outcomes of implementing a supplier evaluation and selection criteria?
A) Allows firm to screen out poor performing suppliers in its present supplier base.
B) Allows firm to screen out undesirable suppliers that they may be considering for future purchases.
C) Allows firm and its suppliers to develop a better corporate relationship
D) All of these

Question

Quizplus · Accepted Answer

Implementing a supplier evaluation and selection criteria can result in all of these outcomes. It enables the firm to identify poor performing suppliers and avoid selecting undesirable suppliers in the future. It also provides an opportunity for the firm and its selected suppliers to collaborate, communicate and develop a better corporate relationship.

Which of the Following Are Considered Outcomes of Implementing a Supplier