Which of the following should NOT be used as assessment criteria to evaluate the purchasing department's performance?
A)Improving time to market
B)Lowering inventory turnover rates
C)Participating in value engineering/value analysis efforts
D)Creating supplier alliances

Question

Quizplus · Accepted Answer

Lowering inventory turnover rates should not be used as a criterion to evaluate the purchasing department's performance because a lower turnover rate often indicates inefficiency, as goods remain in inventory for longer periods, suggesting over-purchasing or slow sales, rather than effective purchasing practices.

Which of the Following Should NOT Be Used as Assessment