Purchasing and Supply Chain Management
6th Edition
ISBN: 9781285869681
Author: Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher: Cengage Learning
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Chapter 19, Problem 7DQ
Summary Introduction
To determine: The meaning of the below statement and examples of performance measures that result in negative long-term outcome on purchasing performance.
Statement: Some firms still rely on measures that harm rather than support purchasing’s long term performance objectives.
Performance and evaluation system is a formal and systematic methodology to observe and assess the purchasing performance.
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