Increased utilization of JIT inventory systems, CAD, and CAM over the past 15 years seems to have decreased pressures for firms to establish long-term relationships with suppliers, but increased the pressure to establish short-term ones.

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Quizplus · Accepted Answer

JIT, CAD, and CAM systems typically increase the need for long-term relationships with suppliers to ensure reliability, quality, and timely delivery, as these systems rely on precise coordination and integration with suppliers.

Increased Utilization of JIT Inventory Systems, CAD, and CAM Over