Certified Materials and Resource Professional Practice

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What is a key feature of supplier interviews in procurement?

To finalize contract terms

To gather information and clarify doubts

In procurement, one of the primary purposes of conducting supplier interviews is to gather information and clarify any doubts regarding the products or services being offered. These interviews provide an opportunity to engage directly with suppliers, allowing procurement professionals to explore the capabilities, quality, and reliability of a supplier's offerings.

During these discussions, specific questions can be raised about the supplier's processes, compliance with standards, delivery timelines, and support mechanisms. This interaction helps in building a better understanding of the supplier's strengths and weaknesses, which is crucial in making informed decisions regarding supplier selection and management. The information obtained during these interviews can significantly influence the procurement strategy, ensuring that the right suppliers are chosen to meet the organization's needs effectively.

Thus, gathering information and clarifying doubts stands out as a vital function of supplier interviews, directly contributing to a well-informed procurement process.

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To develop marketing strategies

To increase product prices

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