Characteristics of JIT partnerships with respect to suppliers include
A) competitive bidding encouraged
B) buyer plant pursues vertical integration to reduce the number of suppliers
C) support suppliers so they become or remain price competitive
D) most suppliers at considerable distance from purchasing organization
E) All of the above are characteristics of JIT partnerships.

Question

Quizplus · Accepted Answer

JIT partnerships with suppliers focus on supporting them to become or remain price competitive rather than encouraging competitive bidding or pursuing vertical integration. Additionally, having suppliers at a considerable distance from the purchasing organization would not be ideal for JIT partnerships, as it emphasizes the need for quick and efficient delivery.

Characteristics of JIT Partnerships with Respect to Suppliers Include