Reducing the number of suppliers to improve efficiencies

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Is an organization better off reducing the number of suppliers to improve efficiencies?

a. yes, fewer suppliers increase time available to cultivate key vendors.

b. No, by reducing suppliers the company is more dependent the remaining suppliers.

c. It is difficult to determine, as the number of processes that provide that provide the goods or services can be more important than the number of suppliers.

Reference no: EM131144681

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