Examlex
The objective of supplier certification is to ensure that nonconforming items are not created or do not leave a supplier's facility.
Outsourcing
Transferring a firm’s activities that have traditionally been internal to external suppliers.
External Suppliers
Third-party companies or entities that provide products or services to another company as part of the supply chain, outside of the purchasing company's organization.
Many-Suppliers Strategy
A procurement approach where a company sources its materials or products from a large number of suppliers to enhance competition and reduce supply risk.
Quality
The degree to which a set of inherent characteristics fulfills requirements or expectations.
Q3: The key to good market intelligence is
Q8: _ actions and resources are those that
Q22: Offering a supplier a longer-term contract with
Q31: The routine ordering and follow-up of basic
Q37: _ are more responsive to the buying
Q41: All of the following are common methods
Q44: _ schedules the firm's output; while _
Q49: A/An _ is considered to be a
Q74: Most purchase contracts address areas that are
Q75: The _ buys from the OEM and