Examlex
What is vertical conflict? Illustrate your answer with an example.
External Suppliers
Third-party companies or entities that provide products or services to another company as part of the supply chain, outside of the purchasing company's organization.
Many-Suppliers Strategy
A procurement approach where a company sources its materials or products from a large number of suppliers to enhance competition and reduce supply risk.
Quality
The degree to which a set of inherent characteristics fulfills requirements or expectations.
Supply Chain
The entire system of producing and delivering a product or service, from the raw material stage to the end user, encompassing all processes and logistics.
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