_____ is any activity undertaken by a buyer to improve a supplier's performance or capabilities to meet the buyer's short- and long-term supply needs.
A) Supply base rationalization
B) The twenty/eighty rule
C) Supply base optimization
D) Supplier development
E) Six Sigma

Question

Quizplus · Accepted Answer

Supplier development is defined as any activity that a buyer undertakes to improve a supplier's performance or capabilities to meet the buyer's short- and long-term supply needs. This may include providing training, technical assistance, and other forms of support to help the supplier improve its processes, quality, delivery, or other aspects of its performance. The goal of supplier development is to create a more reliable, capable, and responsive supply base that can better meet the needs of the buyer.

_____ Is Any Activity Undertaken by a Buyer to Improve