Answer is option d i.e. Increasing the number of suppliers . Explanation: Effect
ID: 373164 • Letter: A
Question
Answer is option d i.e. Increasing the number of suppliers.
Explanation: Effective supply chain management can often result in reducing suppliers. It is important that suppliers meet buyers basic qualifications in order to become potential suppler. Suppliers have to cross several hurdles for achieving the goal of remaining in buyers supply base. Theses hurdles help is segregating suppliers and hence fewer suppliers remain in buyers supply base.
Apart from this rest three (Just-in-time production, Vendor-managed inventory and Reducing the bull-whip effect) are the benefits of effective supply chain management