Business Studies, asked by Dhingraarun8841, 11 months ago

The evaluation of technical parameters between various suppliers is called

Answers

Answered by Ravispssbp
3

Explanation:

Supplier evaluation and supplier appraisal are terms used in business and refer to the process of evaluating and approving potential suppliers by quantitative assessment. The aim of the process is to ensure a portfolio of best-in-class suppliers is available for use.

Answered by stefangonzalez246
0

Supplier Evaluation

Explanation:

Quality

The quality of your supplies must be consistent - your customers associate poor quality with you, not your suppliers.

Value for money

The lowest price isn't always the simplest value for money. If you would like reliability and quality from your suppliers, you will have to make a decision what quantity you're willing to buy your supplies and therefore the balance you would like to strike between cost, reliability, quality and repair.

Strong service and clear communication

You need your suppliers to deliver on time, or to be honest and provides you many warning if they cannot. the simplest suppliers will want to speak with you often to seek out what needs you've got and the way they'll serve you better.

Financial security

It's always worth ensuring your supplier has sufficiently strong income to deliver what you would like, once you need it. A credit check will help reassure you that they will not venture out of business once you need them most.

To learn more:

i)https://brainly.in/question/2944516

ii)https://brainly.in/question/9033445

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