____ Involves an Analysis of the Supply Base to Ensure

question 32

Multiple Choice

____ involves an analysis of the supply base to ensure that only the most capable and highest performing suppliers are kept in the supply base after it is reduced.

• A) Supply base optimization
• B) Outsourcing
• C) Strategic sourcing
• D) Supply base reduction
• E) Supply base rationalization

---

Definitions:

Influence Demand

The ability to affect consumer desire or need for products and services through marketing efforts, quality improvements, or price adjustments.

Supply Chain Costs

Supply Chain Costs encompass all expenses incurred in the creation and delivery of a product, from procurement of raw materials to transportation, handling, storage, and distribution.

Off-Peak Periods

Times when demand for a product or service is lower than usual, often leading to lower prices or rates as incentives.

Peak Periods

Peak periods are times of high demand or activity within a business or system, often requiring additional resources to meet customer needs or service levels.