Which of the following describes using one supplier for a component and a second supplier for another component, where each supplier acts as a backup for the other?
A) outsourcing
B) dual-sourcing
C) cross-sourcing
D) backup-sourcing
E) parallel-sourcing

Question

Quizplus · Accepted Answer

Cross-sourcing is a strategy where a company uses one supplier for a particular component and another supplier for a different component, with each supplier also serving as a backup for the other. This approach ensures supply chain resilience and reduces dependency on a single supplier for multiple components.

Which of the Following Describes Using One Supplier for a Component