________ minimizes the number of suppliers used, resulting in decreased variability.
A) Parallel processing
B) Just-in-time purchasing
C) Management by objective
D) In-process management
E) Constancy of purpose

Question

Quizplus · Accepted Answer

Just-in-time purchasing aims to minimize the number of suppliers used by establishing long-term relationships with a limited number of high-quality suppliers. This approach reduces the variability involved in managing multiple suppliers, improving efficiency and cost-effectiveness.

________ Minimizes the Number of Suppliers Used, Resulting in Decreased