Supplier quality and delivery performance are critical inputs to which of the following initiatives?
Supplier quality and delivery performance are critical inputs to which of the following initiatives?
Supplier quality and delivery performance are critical inputs to implementing total quality management (TQM). TQM focuses on improving the quality of all organizational processes through continuous improvements and involves ensuring that suppliers provide high-quality materials and deliver them on time to maintain overall process efficiency and product quality.
A sourcing strategy is a plan created by a company to identify, evaluate, and engage suppliers for acquiring goods and services. It involves determining which suppliers can provide the best quality products or services and the most reliable and efficient delivery.