A single source can never deliver cost and quality improvements over the life of a contract even if a buyer manages that supplier appropriately.

Question

Quizplus · Accepted Answer

A single source can deliver cost and quality improvements over the life of a contract if managed appropriately. This can lead to better relationship building, process improvement, and joint cost-saving efforts. However, if not managed appropriately, the risk of becoming complacent and not pursuing further improvements may arise.

A Single Source Can Never Deliver Cost and Quality Improvements