Many firms today are reducing the number of suppliers they use and instead are focusing on building strong relationships with just a few suppliers.What are the advantages of doing this?
A)Increased use of automation
B)More control over raw material delivery
C)Fewer materials used in the process
D)All of these.
E)Only "increased use of automation" and "more control over raw material delivery"

Question

Quizplus · Accepted Answer

By reducing the number of suppliers, firms can have more control over the delivery of raw materials, ensuring reliability and quality. This strategy does not inherently increase automation or reduce the number of materials used.

Many Firms Today Are Reducing the Number of Suppliers They