Contemporary producers and their suppliers

Question

Quizplus · Accepted Answer

Contemporary producers and their suppliers often locate close together to decrease the cost of distribution. This allows for easier transportation of goods and can lead to cost savings for both the producer and supplier. While technology such as the Internet has made it possible to reach international customers from a remote location, it is still beneficial for producers and suppliers to be within close proximity to one another for logistical reasons. While ERP systems are commonly used in supply chain management, the question does not mention producers and suppliers advancing beyond this technology.

Contemporary Producers and Their Suppliers