Question: You are tasked to evaluate your organisation s supplier performance based on historical outcomes achieved prior to renewing the supplier contracts going forward. Your time
You are tasked to evaluate your organisations supplier performance based on historical outcomes achieved prior to renewing the supplier contracts going forward. Your time allowed to do the evaluation is not much, hence you consider a performance rating model that is quickly, easy to develop, can be used over the short term and that can evaluate multiple suppliers. Based on the background information above, what performance rating model would you consider?
Comparative method
Survey method
Percentagebased method
Weighted point method
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