Knowledge quiz

It’s time to put what you’ve learned to the test, get 2 questions right to pass this unit.

1.

What are the benefits of implementing Supplier Performance Management?

There are three correct answers.

Manage more suppliers with automated processes and scoring/analysis tools

Ensure suppliers perform to expected metrics and service levels

Proactive collaboration with key suppliers (quality, timeliness)

Decrease collaboration with suppliers

2.

What is the first step in the performance management process?

Choose the correct answer.

Analyze

Define

Measure

Manage

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