Asked by
Sicheng Zhang
on Dec 13, 2024
Verified
When the Deere & Company employs engineers who work full-time with the company's suppliers to improve their efficiency and quality and reduce their costs, it is practicing
A) buyer development.
B) make-buy decisions.
C) supply partnerships.
D) supplier development.
E) directive purchasing.
Supplier Development
Efforts by a company to improve the performance and capabilities of its suppliers through collaborative initiatives and training.
Engineers
Professionals who apply scientific and mathematical principles to design, develop, and analyze technological solutions to complex problems.
Efficiency
The ability to achieve a desired result without wasted energy or effort.
- Comprehend the concept and benefits of supplier development and how it enhances supplier capabilities.
Verified Answer
VA
Learning Objectives
- Comprehend the concept and benefits of supplier development and how it enhances supplier capabilities.