Supplier characteristics such as lead time,reliability,quality,and design capability that impact the total cost of doing business with a supplier should be considered during the process of

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Supplier characteristics such as lead time, reliability, quality, and design capability are important factors that determine how cost-effective it is to work with a supplier. These factors are evaluated during the process of supplier scoring and assessment, which is typically part of the procurement and sourcing process. However, supplier selection is the final step in the process and involves choosing the supplier that best meets the organization's needs, based on the criteria established during the supplier scoring and assessment phase.

Supplier Characteristics Such as Lead Time,reliability,quality,and Design Capability That Impact