_____ is the process of identifying how many and which suppliers a buyer will maintain.
A)Supply base optimization
B)Supply base rationalization
C)Six Sigma
D)Zero defects
E)Strategic sourcing

Question

Quizplus · Accepted Answer

Supply base rationalization is the process of evaluating and reducing the number of suppliers that a buyer maintains in order to improve efficiency and reduce costs. It involves analyzing supplier performance, capabilities, and strategic fit, and then consolidating suppliers where possible. Supply base optimization refers to the ongoing management of the remaining suppliers to improve their performance and drive innovation. Six Sigma and Zero Defects are quality management methodologies, while strategic sourcing is a broader process of identifying the best suppliers and negotiating contracts to meet the needs of the organization.

_____ Is the Process of Identifying How Many and Which