One step that a company can take to improve procurement is to ______.
A)monitor the costs of poor supplier quality
B)periodically change suppliers
C)frequently change the team in charge of procurement
D)inspect each unit of each product procured

Question

Quizplus · Accepted Answer

Monitoring the costs of poor supplier quality can help a company identify problem areas and work with suppliers to improve quality, leading to fewer defects and lower costs. Periodically changing suppliers may not necessarily improve procurement, as it can disrupt supply chains and relationships with established suppliers. Frequent changes in the procurement team can also lead to instability and inconsistent practices. Inspecting each unit of each product procured may be too time-consuming and expensive, and may not address underlying issues with suppliers.

One Step That a Company Can Take to Improve Procurement