Businesses that use a single source of supply for a material receive better service from the supplier than those that use many sources of supply.

Question

Quizplus · Accepted Answer

When businesses use a single source of supply for a material, they often develop a long-term relationship with the supplier, which can lead to better communication, higher priority, and more customized service. On the other hand, when businesses use many sources of supply, they may not have the same level of relationship and trust with each supplier, which can result in inconsistent service and lower priority.

Businesses That Use a Single Source of Supply for a Material