What is Early Supplier Involvement (ESI)?
A) A situation where the supplier is involved by the buyer in an early stage of the new product development process.
B) A situation where a new supplier is involved by the buyer in a later stage of the new product development process.
C) A situation where the customer is involved in an early stage of the new product development process.
D) A situation where the supplier is involved by the buyer in an early stage of a situation where the product will no longer be manufactured.

Question

What is Early Supplier Involvement (ESI)? 
A) A situation where the supplier is involved by the buyer in an early stage of the new product development process. 
B) A situation where a new supplier is involved by the buyer in a later stage of the new product development process. 
C) A situation where the customer is involved in an early stage of the new product development process. 
D) A situation where the supplier is involved by the buyer in an early stage of a situation where the product will no longer be manufactured.

Quizplus · Accepted Answer

Early Supplier Involvement (ESI) refers to a situation where the supplier is involved by the buyer in an early stage of the new product development process. This can help to improve collaboration and communication between the two parties, leading to a better understanding of requirements and potentially faster time-to-market. Option B is incorrect because involving a new supplier at a later stage may result in delays or rework, as they may not have sufficient knowledge or context about the project. Option C is incorrect because it refers to customer involvement, not supplier involvement. Option D is incorrect because it refers to a situation where the product is no longer being manufactured, which is not related to ESI.

What Is Early Supplier Involvement (ESI)