The major benefits from cost-reduction efforts occur when supply management is not involved early in the new-product/service development cycle.

Question

Quizplus · Accepted Answer

Supply management plays a critical role in driving cost savings throughout the new-product/service development cycle. Engaging them early on can result in significant cost reductions through the selection of cost-effective materials, suppliers, and processes.

The Major Benefits from Cost-Reduction Efforts Occur When Supply Management