Businesses that engage in supply chain management work to establish long-term relationships with a small number of very capable suppliers called ____.
A)tier-one suppliers
B)primary suppliers
C)secondary suppliers
D)supply alliances

Question

Quizplus · Accepted Answer

Tier-one suppliers are typically larger and more established companies that have a proven track record of delivering high-quality goods and services. By establishing long-term relationships with these suppliers, businesses can ensure a reliable and consistent supply of goods while also reducing their supply chain risks.

Businesses That Engage in Supply Chain Management Work to Establish