Solved

Tiffany Is the Purchasing Manager for Electronic Components That Are

Question 77

Multiple Choice

Tiffany is the purchasing manager for electronic components that are kept in inventory for a large electrical contracting company. Tiffany sources most of these items from Fastenal and is thrilled with their ability to help her maintain the appropriate level of inventory for the various items. Fastenal has a computer system to assist Tiffany with her forecasting and can identify items that are "slow moving" or "fast moving" meaning that there are some items that are used more frequently than others. Fastenal has also helped Tiffany to identify the inventory levels when reorders should be placed so that she's never out-of-stock in any items. Which stage of the purchasing process is Fastenal providing assistance?


A) Select an order routine
B) Obtain feedback and evaluate performance
C) Evaluate proposals and select suppliers
D) Describe characteristics and the quantity of a needed good or service

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents