Which of the statements, about measuring purchasing performance, is not correct?
- Purchasing efficiency is related to planned costs and realized costs.
- The delivery reliability of suppliers is a measurement of purchasing efficiency.
- The achieved number and size of price reductions is a measurement of purchasing efficiency.
- Purchasing performance is related to the performance of internal and external factors.
Consider the statements below:
I. Methods for purchasing-performance measurement and evaluation are not dependent on the financial position of the company.
II. Purchasing-performance measurement means periodically checking if the goal and means of the purchasing department are balanced.
- Both statements are correct.
- Both statements are incorrect.
- Statement I is correct and Statement II is incorrect.
- Statement I is incorrect and Statement II is correct.
What is the purpose of evaluating purchasing activities?
- The evaluation of purchasing results should lead to better purchasing decisions.
- The evaluation of purchasing results places the purchasing department higher up in the organization.
- The evaluation of purchasing results leads to better relations with suppliers.
- All of the above are correct.
Measurement and evaluation of purchasing activities focuses on four dimensions. Which of the option below is not one of these four dimensions?
- Purchasing information systems dimension.
- Purchasing price/cost dimension.
- Purchasing product/quality dimension.
- Purchasing logistics dimension.