A trend that emerged in the 1980s in supplier practices is that companies are seeking deep alliances with fewer,more dependable suppliers.

Question

Quizplus · Accepted Answer

This statement is true. Many companies in the 1980s started to focus on developing closer, long-term relationships with a select group of suppliers in order to improve quality and reliability of their products and decrease costs. This was known as strategic sourcing or supplier partnering.

A Trend That Emerged in the 1980s in Supplier Practices