4 Effective Steps to Successful Supplier Selection

4 Effective Steps to Successful Supplier Selection

Selecting suppliers is one of the most critical aspects of any organization. Any inaccuracy in the supplier selection process can lead to poor supplier performance, supply disruptions, and inefficiencies in the business process. However, not many organizations adopt a well-defined vendor selection process and, therefore, struggle when it comes to reducing excess spend. The inability to [...]

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