Supplier performance should be compared based on their impact on total cost.

Question

Quizplus · Accepted Answer

Supplier performance should not only be evaluated based on the cost of their products or services, but also on the impact they have on the total cost of the supply chain. This includes factors such as delivery time, quality of goods, and reliability. By taking into account these additional cost factors, a more comprehensive analysis of supplier performance can be made.

Supplier Performance Should Be Compared Based on Their Impact on Total