Home › BBA Operations › Operations Management › Achieving World-Class Operations Management › What are suppliers now expected to contribute be…
What are suppliers now expected to contribute beyond delivering parts?
ACost-saving suggestions and help in designing new products
BThe wages of the buyer's own production employees
CThe advertising budget for the finished product
DThe training of the buyer's whole sales force
Answer & Solution
Correct answer: A. Cost-saving suggestions and help in designing new products
1. Suppliers were once viewed as outsiders in the production process.
2. Many now play an important role in supporting the operations of their customers.
3. They are expected to meet high quality standards and to offer suggestions that reduce production costs.
4. They may even contribute to the design of new products, which is a long way from simply shipping parts.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 10 "Achieving World-Class Operations Management", section Strategies for Supply-Chain Management_
Related questions
What is business process management described as being able to do for a company?How have banks used automation to make services more accessible to customers?How do retail stores use point-of-sale terminals to improve operations?What does computer-integrated manufacturing combine?A flexible manufacturing system is expensive to install. Which combination of advantages jWhat does a flexible manufacturing system blend into an integrated system?For which kinds of task is replacing human effort with robots most effective?What is a robot in a production setting?