Which of the following is a term used to describe a measurement system where a buyer and a supplier both obtain a benefit?
Answer : B
Which of the following best represents a typical means of assessing supplier performance?
Answer : B
Which of the following would express a typical performance indicator for slow moving stock?
Answer : A
Which of the following would be the expected outcome of agreeing extended payment terms with a supplier?
Answer : A
Which of the following is an award given in recognition of significant effort in training and development of staff ?
Answer : A
Which of the following is a useful indicator that the value of stock held is too high or too low?
Answer : B
Which of the following best describes the term 'vendor rating'?
Answer : A