Evaluating supplier performance can help companies identify supplier strengths and weaknesses and improve supplier communication.

Question

Quizplus · Accepted Answer

This statement is true as evaluating supplier performance can provide valuable insights for companies to identify areas where suppliers are performing well or where they need to improve. This also helps companies to have better communication with their suppliers and develop stronger relationships based on trust, transparency, and accountability.

Evaluating Supplier Performance Can Help Companies Identify Supplier Strengths and Weaknesses