Supplier performance management systems should be designed to capture and communicate supplier performance data to improve future performance and future decisions.

Question

Quizplus · Accepted Answer

Supplier performance management systems are designed to help organizations gather and analyze data to better understand supplier performance, identify areas for improvement, and make informed decisions about future supplier relationships. By capturing and communicating supplier performance data, organizations can work with their suppliers to develop strategies for improving performance and meeting shared goals. Therefore, it is true that supplier performance management systems should be designed to capture and communicate supplier performance data to improve future performance and future decisions.

Supplier Performance Management Systems Should Be Designed to Capture and Communicate