Why must organizations develop suppliers? Is supplier development a long-term trend or just a fad? Explain.
Expert Answer
Suppliers are not always at the level of the parent company. They lack knowledge, resources and time for the same. Organizations require that their supplier should adapt to any change in their plan or strategy. Also a lot of work of the organization is dependednt on the supplier. If the supplier delays the supply of raw materials the organization may suffer in customer delivery. In order to bring the supplier upto the standards and agility as that of the parent organization,
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