Supply Chain chapter 7 study guide

The best supplier candidates for Supplier Relationship Management (SRM) include all of the following EXCEPT?

Developmental suppliers that need to make improvements

A strong supplier partnership requires that both buyer and supplier adopt a strong tactical perspective(T or F)

False

An effective supplier certification program may increase the time spent on incoming inspections(T or F)

False

Award-winning suppliers serve as role models for other suppliers and may, therefore, be exempt from audits and certification programs (T or F)

False

ISO 14000 is a widely accepted management and quality certification standard(T or F)

False

Benefits of implementing an effective supplier certification program include all of the following EXCEPT?

Increasing the supplier base

An effective supplier certification program may increase the time spent on incoming inspections

Individualized Objectives

The process commonly utilized in continuous improvement is known as?

Plan do Check act

An organization's process for evaluating the quality systems of key suppliers in an effort to eliminate incoming inspections can be referred to as?

Supplier Certification

Successful supplier relationships involve equal decision-making control between both the buyer and the supplier.(T or F)

True