You are considering involving the suppliers of the electronic components used in the DVD player/recorder your company manufactures in the concept development and design of a new version of the product.Research has shown that including suppliers will result in
A) bringing products to the market more slowly because getting their input takes time.
B) an increased cost because you must pay them for their contributions.
C) a higher quality of product as you incorporate their ideas into the design.
D) short-term supplier relations.

Question

Quizplus · Accepted Answer

Research has shown that involving suppliers in concept development and design can result in a higher quality product as their ideas and expertise are incorporated into the design. Although there may be some additional time and cost involved in working with suppliers, the potential benefits to the final product can outweigh these concerns. Additionally, involving suppliers in the design process can lead to stronger long-term supplier relations as a result of increased collaboration and communication.

You Are Considering Involving the Suppliers of the Electronic Components