As companies struggle to increase customer value by improving performance, many companies are turning their attention to purchasing and supply management. Furthermore, many features of products will make their way into final products originate with suppliers. Supplier capabilities will help differentiate a producers final good or service, increasing their value to the final customer.

Evaluate Five (5) suppliers performance and criteria before deciding the purchasing final approval at managerial level. Briefly explain how the actions are taken. Support your answer with relevant industry examples.