The Process of Supplier Categorization Is Important for a Number

question 25

Multiple Choice

The process of supplier categorization is important for a number of reasons. This process forces the buying organization to communicate cross-functionally to develop some system for ranking the suppliers. Two main items that are considered in the categorization process are: * the __________ of the contract with an individual supplier and
* the __________________ to the buying firm's business strategy.

• A) length / performance
• B) cost / just-in-time delivery
• C) dollar amount / competitiveness
• D) dollar amount / critically of the supplier
• E) dates / critically of the contract

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