Assume you have been appointed as Procurement Manager at an Iron Ore Operations Terminal and have been tasked to develop and implement a supplier-selection process. This task includes identifying how the performance of the supplier base can be tracked and measured. Provide a detailed overview of the steps that you would follow to select a supplier.

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Developing a supplierselection process involves several key steps to ensure the right suppliers are chosen Heres a detailed overview 1 Understanding Requirements and Criteria Identify Needs Understand ... View the full answer