Certification in Supplier Diversity Practice Exam

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Which step is NOT part of the team supplier evaluation process?

  1. Define scoring metrics

  2. Evaluate suppliers

  3. Conduct market analysis

  4. Review evaluation results

The correct answer is: Conduct market analysis

The reasoning for identifying the step that is not part of the team supplier evaluation process centers on the fundamental activities that make up the evaluation phase itself. Defining scoring metrics is essential as it sets the criteria against which suppliers will be judged, ensuring a structured and objective evaluation. Evaluating suppliers follows closely, as this is the core activity of the process, where suppliers are assessed based on the defined metrics. Reviewing evaluation results is a critical step that allows the team to analyze outcomes and determine which suppliers meet the organization’s needs effectively. Conducting market analysis, while valuable for gaining broader insights about supplier availability and external conditions, falls outside the core supplier evaluation process. This activity typically occurs prior to the evaluation phase and is more aligned with strategic planning and sourcing rather than evaluating suppliers already identified as potential candidates. Therefore, it is the step that does not directly involve assessing supplier capabilities against defined criteria.