Feedback is the commentary on performance exchanged between the parties. Most procurement departments review supplier performance periodically, and the meetings are an opportunity for both parties to exchange feedback on what has happened and why. There are two broad types of feedback: motivational feedback, which recognises good performance; and developmental feedback, which highlights sub-standard performance and identifies opportunities for improvement.
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Discover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and procurement consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.
