Podcast
Questions and Answers
What is one way to prevent potential supplier issues?
What is one way to prevent potential supplier issues?
- React quickly to issues as they arise
- Terminate the supplier relationship immediately
- Conduct regular audits and supplier development initiatives (correct)
- Ignore potential issues and hope they don't happen
What is an example of timely intervention with a supplier?
What is an example of timely intervention with a supplier?
- Connecting the supplier with a pest control expert (correct)
- Providing additional training
- Firing the supplier
- Negotiating a new contract
Why is periodic review of supplier performance important?
Why is periodic review of supplier performance important?
- To make timely decisions about the future of the relationship (correct)
- To terminate the supplier relationship
- To micromanage the supplier
- To ignore any potential issues
Which of the following is a key benefit of early identification of supplier issues?
Which of the following is a key benefit of early identification of supplier issues?
What is the importance of effective communication when managing supplier issues?
What is the importance of effective communication when managing supplier issues?
What role does timing play in managing supplier issues effectively?
What role does timing play in managing supplier issues effectively?
Which of the following is NOT an example of timely intervention when managing supplier issues?
Which of the following is NOT an example of timely intervention when managing supplier issues?
What is the benefit of conducting regular code reviews and providing feedback to a supplier?
What is the benefit of conducting regular code reviews and providing feedback to a supplier?
Why is periodic review of supplier performance important when managing supplier issues?
Why is periodic review of supplier performance important when managing supplier issues?
What is the benefit of using time as leverage in managing supplier issues?
What is the benefit of using time as leverage in managing supplier issues?
What is the best way to detect potential issues early when managing supplier relationships?
What is the best way to detect potential issues early when managing supplier relationships?
What is the benefit of promptly communicating concerns to the supplier when managing supplier issues?
What is the benefit of promptly communicating concerns to the supplier when managing supplier issues?
What is an example of preventive measures in managing supplier issues?
What is an example of preventive measures in managing supplier issues?
What is the benefit of conducting periodic reviews of supplier performance?
What is the benefit of conducting periodic reviews of supplier performance?
What is an example of timely intervention in managing supplier issues?
What is an example of timely intervention in managing supplier issues?
What is the benefit of detecting potential issues early in managing supplier relationships?
What is the benefit of detecting potential issues early in managing supplier relationships?
What is the benefit of open, honest dialogue when communicating concerns to a supplier?
What is the benefit of open, honest dialogue when communicating concerns to a supplier?
What can be achieved through regular monitoring and evaluation of a supplier's performance?
What can be achieved through regular monitoring and evaluation of a supplier's performance?
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