A Valuable Method of Assessing Supplier Performance Is to Use $\div$

question 33

Multiple Choice

A valuable method of assessing supplier performance is to use a supplier performance index. This index is calculated by:

• A) total purchase price \(\div\) total supplier costs
• B) total supplier costs \(\div\) total purchase price
• C) average purchase price \(\div\) average supplier costs
• D) average supplier costs \(\div\) average purchase price

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Definitions:

Unsolicited Proposal

A proposal submitted to a potential client or business without their request, often aiming to solve a problem or provide a service the recipient may not have identified.

Proposed Solution

A suggested plan or method to solve a problem or address a specific need.

Unsolicited Proposal

A proposal or offer made by an individual or organization to another party without a prior request.

Right Organization

The optimal structuring and arrangement of resources and processes within a company to achieve its goals.