The benefits of establishing partnerships with suppliers include:
I higher quality.
II increased delivery speed.
III lower inventories.

Question

Quizplus · Accepted Answer

Establishing partnerships with suppliers can result in higher quality products as suppliers are more invested in the success of the relationship. This can also lead to increased delivery speed as suppliers are more motivated to meet the needs of their partners. Additionally, partnering with suppliers can lead to lower inventory levels as suppliers can provide just-in-time delivery and reduce the need for stockpiling. Therefore, all of the given options (I, II, and III) are benefits of establishing partnerships with suppliers.

The Benefits of Establishing Partnerships with Suppliers Include