How does ERP's materials management module assist in vendor selection?
A) It links the quotation documents with the requisition.
B) It downloads product information from the vendor's system.
C) It provides a 100-point scoring system to evaluate vendors.
D) It sends rejection letters to vendors whose bids are not accepted.

Question

Quizplus · Accepted Answer

ERP's materials management module can assist in vendor selection by providing a 100-point scoring system to evaluate vendors based on criteria such as price, quality, delivery time, and reliability. This helps in making an objective decision while selecting vendors based on multiple factors rather than just the lowest price.

How Does ERP's Materials Management Module Assist in Vendor Selection