Explanation Reason why organizations must develop suppliers and if supplier development is a long-term trend or just a fad: The organization must concentrate more on developing suppliers as it is essential for the success of the organization. Some of the reasons for it are: It will help the organization to expand the competitive landscape between the existing and the potential vendors. It will aid in promoting innovation and out-of-box thinking while developing new products and services...

6th Edition

ISBN: 9781285869681

Author: Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher: Cengage Learning

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Question

Chapter 6, Problem 9DQ

Summary Introduction

To explain: The reason why organizations must develop suppliers and if supplier development is a long-term trend or just a fad.

Category strategy development:

A category is a specific clan of products or services that are utilized in delivering the appropriate value to the customer. A strategy is developed to deliver the category products or services in the supply chain management process. It is known as category strategy development.

Expert Solution & Answer

Chapter 6 Solutions

Purchasing and Supply Chain Management

Ch. 6 - Prob. 1DQ Ch. 6 - Prob. 2DQ Ch. 6 - Prob. 3DQ Ch. 6 - Prob. 4DQ Ch. 6 - Prob. 5DQ Ch. 6 - Prob. 6DQ Ch. 6 - Prob. 7DQ Ch. 6 - Prob. 8DQ Ch. 6 - Prob. 9DQ Ch. 6 - Prob. 10DQ

Ch. 6 - Prob. 11DQ Ch. 6 - Prob. 12DQ Ch. 6 - Prob. 13DQ Ch. 6 - Prob. 14DQ

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Similar questions

Avion, Inc. Susan Dey and Bill Mifflin, procurement managers at Avion, Inc., sat across from each other and reviewed a troubling performance report concerning a key supplier, Foster Technologies. The report detailed the deteriorating performance of Foster Technologies in the areas of material quality and on-time delivery. At this point, Kevin ODonnell, another procurement manager, entered the room. Why can changes within a supply chain disrupt the normal flow of goods and services within a supply chain?

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Solution Summary: The author explains the reasons why organizations must develop suppliers and if supplier development is a long-term trend or fad.

Chapter 6 Solutions