Examlex
When organisations assess their own performance in relation to suppliers, two of the measures they can use are the response time to support queries and the number of suppliers or joint innovations generated.
Sampling Technique
A method used in statistical analysis to select a subset of individuals or items from a larger population to estimate characteristics of the whole population.
Population
The total number of people or organisms inhabiting a particular area or space, often studied in demographics and ecology.
Supplier Certification
A process ensuring suppliers meet predefined quality standards and requirements for products or services.
Lower Costs
The reduction of expenditure or expenses in the production, acquisition, or maintenance of goods and services without compromising quality.
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