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.