purchasing: supplier selection and evaluation

Jun 1st, 2014
Business Finance
Price: $80 USD

Question description

 prepare a formal 15-20 (min-max) page research report paper on the following topic question : What techniques for supplier selection and evaluation have been found most effective in recent years?

Use this intro :

     In this contemporary world of the competitive market, purchasing professionals must be able to provide to their firms quality products at reasonable prices. “Product quality is a direct result of the production workforce and suppliers. Buying organizations can no longer afford to maintain a large supplier base” (Benton, p 157). In order to reduce their supplier base while keeping up with the current trend at the same time, they must carefully select suppliers that continually outperform the competition. In other words, suppliers must be carefully analyzed and evaluated. The pertinent question one must ask here is What techniques for supplier selection and evaluation have been found most effective in recent years?" I am eager to find all answers, and for that reason, I chose this topic. 

Tutor Answer

(Top Tutor) khakaan
School: Carnegie Mellon University

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