Benefits of Supplier Performance
VerifiedAdded on 2020/05/16
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AI Summary
This assignment delves into the advantages of strong supplier performance for businesses. It highlights the positive impact of delivering high-quality products, implementing just-in-time delivery systems, and achieving lower per-unit purchase prices due to economies of scale. The text emphasizes how these factors contribute to reduced risks, improved customer relationships, and minimized operational costs for both suppliers and buyers.
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