Early supply and supplier involvement:
A)is seldom necessary because internal users are best suited to identify needs.
B)helps assure that what is specified is procurable and represents best value.
C)is focused on early establishment of key contractual terms and conditions.
D)relies on cross-functional teams to manage the buyer-supplier relationship.
E)is a way to encourage internal customers to regularly interact with suppliers.

Question

Quizplus · Accepted Answer

Early supply and supplier involvement are important to ensure that what is specified is procurable and represents the best value. This involves working closely with suppliers to identify potential issues and collaboratively coming up with solutions. This approach also helps in establishing solid relationships between the buyer and the supplier, which can lead to improved performance and cost savings.

Early Supply and Supplier Involvement