SUPPLIER EVALUATION FOR ACHIEVING LONG -TERM PERFORMANCE

Considering the fierce global competition among businesses and the demand of consumers to pay less for goods and services, companies are faced with finding ways to reduce the costs of the goods that they provide, whilst at the same time, making some profit to stay in business. In doing so, there arises the need to focus on reducing costs in their supply chain, deal with suppliers that they can rely on, and maintain better relations with their...