The _____ identifies those 20 percent of suppliers receiving the bulk of purchase spend or that minority of suppliers that cause the most quality problems.
A) "improve or else" approach
B) triage approach
C) strategic sourcing approach
D) competency staircase approach
E) twenty/eighty rule

Question

Quizplus · Accepted Answer

The twenty/eighty rule, also known as the Pareto Principle, suggests that 20% of suppliers often account for 80% of the purchase spend or quality issues.

The _____ Identifies Those 20 Percent of Suppliers Receiving the Bulk