A preferred supplier designation indicates that the selected supplier should receive the business for a critical commodity under most conditions.

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A preferred supplier is a supplier who has been selected as the primary supplier for a critical commodity or service. This designation is typically given based on the supplier's performance, reliability, quality, and other factors. As such, a preferred supplier designation indicates that the selected supplier should receive the business for a critical commodity under most conditions.

A Preferred Supplier Designation Indicates That the Selected Supplier Should