Typically an organization should look to its existing supply base before soliciting a new supplier.

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This is because an existing supply base already has a track record with the organization and is likely to have a better understanding of the organization's needs and preferences. Additionally, maintaining good relationships with existing suppliers can lead to cost savings and more favorable terms. However, if the existing supply base is unable to meet the organization's needs, then soliciting new suppliers may be necessary.

Typically an Organization Should Look to Its Existing Supply Base