Which of the following best explains 'vendor rating schedules'?
A) Reports on the achievements of suppliers.
B) Simple ranking of suppliers.
C) Independent assessment of suppliers by a consultant.
D) Ratings of vendors by other organisations.

Question

Which of the following best explains 'vendor rating schedules'? 
A) Reports on the achievements of suppliers. 
B) Simple ranking of suppliers. 
C) Independent assessment of suppliers by a consultant. 
D) Ratings of vendors by other organisations.

Quizplus · Accepted Answer

Vendor rating schedules are essentially reports on the achievements of suppliers, evaluating their performance in various aspects such as delivery, quality, and service.

Which of the Following Best Explains 'Vendor Rating Schedules