Question

As purchasing manager for Avalon Electronics, Cary is required to submit a vendor performance analysis every three months. To meet this requirement, Cary will most likely

develop an RFP for vendor analysis.

specify and weight performance factors and score the vendors.

interview vendors and seek their feedback.

use a modified rebuy vendor form.

recruit new suppliers.

Answer 1

Answer: Option B

Explanation: To effectively evaluate and present the performance of the vendor carry should first identify the relevant factors like timeliness and consistency etc. After that he should weight those factors as per their importance to identity which vendor better performed those factors.

After making the criteria and evaluating the vendors based upon them, Cary should score them.

Such process will ensure that all the vendors have been judged by a same and fair criteria.

Hence from the above we can conclude that the correct option is B.