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Supply management and suppliers

 

 

 

 

Explain the following statement (pretend as if you are talking to someone who has no knowledge of supply management and suppliers):
Supply management not only buys parts or services from suppliers – it often buys a supplier’s current and future performance capability.

Give an example of a situation where one supplier has a greater impact on a firm’s final product quality than another supplier. Be sure to explain why one supplier has a greater impact than the other.

 

 

 

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