One advantage of using a single-source supplier strategy is that it will
A.
reduce lot-to-lot variation
B.
reduce shipping costs
C.
improve contingency planning
D.
improve supplier benchmarking results
The Answer Is:
A
This question includes an explanation.
Explanation:
One advantage of using a single-source supplier strategy is that it can help reduce variation in the materials or products supplied, including lot-to-lot variation. When only one supplier is used, it ' s easier to work closely with them to ensure consistent quality and to address quality issues that may arise.
Supply chain management and quality management literature, which often discusses the trade-offs and benefits of different supplier strategies, including single sourcing.
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