A company is introducing a new product that is difficult to produce. The company has created a vendor rating system to grade 4 potential suppliers. Which supplier would be the best choice for helping the company produce this part?
A company is introducing a new product that is difficult to produce. The company has created a vendor rating system to grade 4 potential suppliers. Which supplier would be the best choice for helping the company produce this part?
Since the new product is difficult to produce, the technical capability of the supplier is crucial. Supplier D has the highest technical score of 10. While other factors such as cost and financial standing are important, the ability to technically handle the production is paramount in this situation. Therefore, Supplier D is the best choice for helping the company produce the part.
All suppliers have the same average score. In this case, I think we should give priority to the one with the best score in the technical part because it is "a new product that is difficult to produce".
Supplier D's superior quality and technical capabilities, along with their strong financial standing, make them the most suitable choice for the company's needs.