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Supplier evaluation and selection is a critical stage in the procurement process. Required: (a) List five (5) circumstances when a company should undertake supplier evaluation
Supplier evaluation and selection is a critical stage in the procurement process.
Required: (a) List five (5) circumstances when a company should undertake supplier evaluation and selection? [5 marks]
(b) Give factors you would use to evaluate and select a supplier? [10 marks]
(c) What are the benefits of supplier evaluation and selection? [10 marks]
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