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What is being defined here: 'The assessment of a potential supplier's capability of controlling quali-ty, delivery, quantity, price and all other factors to be embodied in a contract'?
Suggested Answer: B
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Pre-contracting a supplier, the term 'supplier appraisal' is favoured by CIPS; whereas once the sup-plier is in use, 'vendor rating' is the preferred term for monitoring actual performance.
33 comments · newest first
VO
Von
10 months ago
Not sure, but this definition feels off for sustainable procurement.
NA
Nana
10 months ago
I thought vendor rating was more about performance, not capability.
TE
Terrilyn
10 months ago
Wait, is this really just about supplier appraisal? Seems too broad.
AN
Antonette
11 months ago
Sounds like supplier appraisal to me!
GL
Glendora
11 months ago
Definitely B, can't be anything else.
LE
Lenna
11 months ago
I feel like we had a question similar to this one, and I think it was about supplier appraisal. I hope I'm remembering it right!
AM
Amina
12 months ago
I'm torn between supplier appraisal and vendor rating. They both seem to fit, but I can't recall the exact differences.
TE
Telma
12 months ago
I remember discussing vendor rating in class, but this definition seems broader. Could it be supplier appraisal instead?
IE
Iesha
1 year ago
I think this might be about supplier appraisal, but I'm not entirely sure. It sounds familiar from our last practice session.
SH
Shawna
1 year ago
Ah, I recognize this concept from our class discussions. Supplier appraisal is the process of evaluating a supplier's ability to meet the organization's requirements. I'm confident this is the correct answer.
AN
Annelle
1 year ago
This is a tricky one. The wording is a bit technical, and I'm not entirely familiar with all the procurement terms. I'll make my best guess, but I might need to come back to this question if I have time at the end.
DA
Darrin
1 year ago
Okay, let me think this through step-by-step. The question is asking about the assessment of a potential supplier's capabilities, so I'm guessing the answer has to do with evaluating suppliers. I'll carefully read each option and see which one best matches the description.
RA
Raylene
1 year ago
Hmm, I'm a bit unsure about this one. The options seem similar, but I think I can narrow it down by focusing on the key aspects mentioned in the question, like quality, delivery, and price.
MA
Maryanne
1 year ago
This question seems straightforward - it's asking about the definition of supplier appraisal. I'm confident I can identify the correct answer.
PR
Precious
1 year ago
Supplier appraisal, no doubt. Though I'm still trying to figure out how many paperclips it takes to power a small town. Asking for a friend.
RA
Raelene
1 year ago
I think the correct answer is B) Supplier appraisal, as it specifically mentions assessing supplier capability.
DA
Darrin
1 year ago
Ah, the age-old question of supplier assessment. I'm going with B, supplier appraisal. Seems like the most comprehensive option.
EM
Emmanuel
10 months ago
Agreed! Supplier appraisal really captures the essence.
EM
Emily
10 months ago
Definitely! Supplier appraisal makes the most sense.
CE
Celestine
11 months ago
I think B is the right choice too. It covers all aspects.
VA
Vannessa
11 months ago
I lean towards B as well. It’s all about capability.
RE
Remona
1 year ago
I believe it could also be C) Vendor rating, as it includes evaluating various factors.
CH
Chanel
1 year ago
Hmm, this one's tricky. I'm leaning towards C, vendor rating. Sounds like the right fit to me.
PA
Paris
1 year ago
I was a bit unsure at first, but after reading the options, B has to be the correct answer. Supplier appraisal is the way to go.
JE
Jesse
1 year ago
I agree with Casie, because it involves assessing a supplier's capability.
CA
Casie
1 year ago
I think the answer is B) Supplier appraisal.
WI
Winifred
1 year ago
Definitely option B. Supplier appraisal is the perfect description of what's being defined here.
FA
Fabiola
1 year ago
I'm going with option C, vendor rating seems like the right fit.
LA
Latosha
1 year ago
No, I'm pretty sure it's vendor rating.
NO
Noah
1 year ago
I think it's supplier development, but I see your point with supplier appraisal.
VI
Viola
1 year ago
I think it's supplier development, actually.
PA
Paris
1 year ago
I agree, option B is the best choice.
TH
Theodora
1 year ago
I agree, option B is the best choice.