When a Company Works with Its Supplier to Reduce Material-Handling

question 46

Multiple Choice

When a company works with its supplier to reduce material-handling costs, this is an example of

• A)the customer-driven approach.
• B)a conflict of interest.
• C)a key success factor.
• D)a strategic marketing focus.
• E)total value chain or supply chain analysis.

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Definitions:

Basic Systems

Fundamental and essential systems that support the operations of a broader structure or mechanism.

Proposal

A proposal is a formal suggestion or plan put forward for consideration or discussion, especially in a business context.

Problem-solution

A framework used to identify and define a problem followed by the development and implementation of potential solutions.

Customized Winch

A winch that is specially designed or modified according to the specific requirements of the user.