Supplier Development Refers to

Multiple Choice

Supplier development refers to

A) the deliberate effort by suppliers to build relationships that shape buyers' products, services, and capabilities to fit both the buyer's and seller's needs, as well as the needs of the ultimate consumer.
B) the practice of dividing up large orders amongst a number of suppliers rather than only one, to avoid possible delays due to environmental forces such as bad weather, plant mishaps, union issues, etc.
C) the practice of establishing a close relationship with one supplier rather than many to insure loyalty and preferred treatment when filling exceptionally large orders.
D) the deliberate effort by organizational buyers to build relationships that shape suppliers' products, services, and capabilities to fit a buyer's needs and those of its customers.
E) the shift of a firm from that of supplier to manufacturer when repeated experience with a product and excellent buyer/seller relationships make the shift both more feasible and profitable.