The final task of the supplier management process is called ______.

Question

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The final task of supplier management process is supplier phase out, which involves the decision to discontinue a particular supplier relationship. This decision is made when the supplier fails to meet the organization's expectations or when the organization's needs change. The phase out process involves finding alternative suppliers and managing the transition to ensure continuity of supply. Supplier recognition, supplier performance management, and supplier risk management are all important tasks in the supplier management process, but they precede the decision to phase out a supplier.

The Final Task of the Supplier Management Process Is Called