What are the steps in the supplier relationship process?

Question

Quizplus · Accepted Answer

The steps in the supplier relationship process typically include sourcing potential suppliers, procuring goods or services from selected suppliers, fulfilling orders and managing the ongoing relationship with suppliers. Therefore, option D is the best choice as it includes all of these key steps. Option A is incorrect as it includes "model", which is not a typical step in the process. Option B is also incorrect as it only includes sourcing, documenting and managing suppliers, but misses the crucial step of procurement. Option C includes measure, procure, fulfill which are correct, but it adds "model" which is again not a typical step in supplier relationship process.

What Are the Steps in the Supplier Relationship Process