Early Supplier Involvement

Multiple Choice

Early supplier involvement:

A) Is a strategy of attempting to influence demand for products made by a firm so that the supply chain can be managed most efficiently
B) Is an outsourcing strategy whereby companies use suppliers to help design new products or processes
C) Is defined as the process of designing and managing supply networks to optimize operational and organization performance
D) Means the suppliers schedule their own manufacturing based on the shipment needs of their customers
E) Is to have several vendors for each product in order to increase competition for the buyer's business