A company recently implemented a new supplier rating system. Data was collected from the enterprise resources planning system about each vendor's rating for cost, quality, and delivery over 12 months. A cutoff point was established for poor performers. The responsible purchasing agent then scheduled meetings with each supplier. Which of the following actions is most appropriate to take with suppliers whose ratings were below the cutoff point?

Question

Quizplus · Accepted Answer

The most appropriate action is to discuss ways to raise the ratings for the next review period. This approach is constructive and focuses on improvement, allowing suppliers the opportunity to address issues and enhance their performance.

A Company Recently Implemented a New Supplier Rating System