Explain the following statement (pretend as if you are talking

 

  1. Explain the following statement (pretend as if you are talking to someone who has no knowledge of supply management and suppliers):
    Supply management not only buys parts or services from suppliers – it often buys a supplier’s current and future performance capability.

  2. Give an example of a situation where one supplier has a greater impact on a firm’s final product quality than another supplier.  Be sure to explain why one supplier has a greater impact than the other.

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