Which of the following refers to supplier-base downsizing?
A) Achievement of high standards by suppliers in a supply chain
B) Assigning the responsibility of supplying to one person
C) Reducing the number of suppliers to concentrate purchasing
D) Integrating supply and demand between many companies

Question

Quizplus · Accepted Answer

Supplier-base downsizing refers to the practice of reducing the number of suppliers in order to concentrate purchasing power. This is often done to improve efficiency, reduce costs, and streamline the supply chain.

Which of the Following Refers to Supplier-Base Downsizing