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What are the advantages of using single sourcing strategies?

Advantages of using Single sourcing:

a. Simple to keep relations along with only one supplier

b. Simple to facilitate quality assurance procedures along with only one supplier

c. It could lower cost per unit because of higher volume ordered along with only one supplier

d. Possibility of competitive advantage as an example, allegiance to one suppler could be more collaborative

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9579333

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