Which of the following best explains 'vendor ranking scores'?
A) Actual vendor rating scores can be translated into vendor ranking scores.
B) Actual vendor rating scores can be translated into vendor ranking scores which allow the buyer to focus efforts on those suppliers that need most attention.
C) Alphabetical ranking of suppliers.
D) Actual vendor rating scores can be translated into vendor ranking scores which can be published.

Question

Which of the following best explains 'vendor ranking scores'? 
A) Actual vendor rating scores can be translated into vendor ranking scores. 
B) Actual vendor rating scores can be translated into vendor ranking scores which allow the buyer to focus efforts on those suppliers that need most attention. 
C) Alphabetical ranking of suppliers. 
D) Actual vendor rating scores can be translated into vendor ranking scores which can be published.

Quizplus · Accepted Answer

Vendor ranking scores are scores that are derived from actual vendor rating scores and are used to identify suppliers that need the most attention. This allows buyers to focus their efforts on improving relationships with those suppliers.

Which of the Following Best Explains 'Vendor Ranking Scores