- Buyer-supplier partnerships:
Group of answer choices
reflect the trend toward horizontal integration.
are designed to maximize efficiency in buyer-supplier operations.
improve buyer-supplier communication at the expense of internal relationships.
result in significant quality improvements and total cost increases.
result in early supplier and supply involvement in design and description.
- Facility location has a short-term impact on the firm’s supply chains. Is this true or false?
Facility location has a short-term impact on the firm’s supply chains. Is this true or false?
Answer
- FALSE
Explanation:
A supply chain is defined as a network of facilities, centers for distribution, retail sites, production facilities, offices and all other decisions that are made to ensure efficient flow of goods. When a firm makes a decision to locate its facility, it becomes expensive to move or shut down the facility. Facility location has a long-term impact on the supply chain and hence is considered an integral part of a firm’s supply chain strategy. Location decisions involve determining the location of the facility, identification of markets as well as definition of a strategic role.
Buyer-supplier partnerships:
Group of answer choices
reflect the trend toward horizontal integration.
are designed to maximize efficiency in buyer-supplier operations.
improve buyer-supplier communication at the expense of internal relationships.
result in significant quality improvements and total cost increases.
result in early supplier and supply involvement in design and description.
Answer
- result in early supplier and supply involvement in design and description.
Explanation:
Collaboration can help create new competencies by bringing together technological capabilities that different network members have. Buyer-supplier partnerships results to early involvement of supplier in design and innovation, which is an important factor behind trusting relationships and also plays a huge role in strengthening development of the supplier co-ordination.
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