The design stage provides the greatest opportunity to reduce costs the life cycle costs of products.Supply management and the firm's suppliers have major contributions to make during this process.

Question

Quizplus · Accepted Answer

During the design stage, changes to the product can be made to reduce costs in the long term. Supply management and suppliers can contribute by providing input on materials, manufacturing processes, and logistics that can impact the life cycle costs of the product. Therefore, the statement is true.

The Design Stage Provides the Greatest Opportunity to Reduce Costs