Supplier performance can be measured more accurately under the __________ purchasing approach compared to the traditional one.
A) MBO
B) JIT
C) JOT
D) JOB
E) ITS

Question

Quizplus · Accepted Answer

Just-In-Time (JIT) purchasing approach focuses on having the right quantity of inventory at the right time, and this requires suppliers to be punctual and maintain high quality standards. Therefore, it creates an environment where supplier performance can be more accurately measured compared to traditional purchasing approaches. MBO (Management by Objectives) and ITS (Internet Trading Systems) are not purchasing approaches, whereas JOT and JOB are not commonly used terms in supply chain management.

Supplier Performance Can Be Measured More Accurately Under the __________