Which of the following is the best reason to add a second, Ask an Expert

Management Studies

Which of the following is the best reason to add a second supplier for a critical componet:

1. The primary supplier is located in a flood prone region while the second supplier's location is not subject to flooding.

2. The second supplier is able to offer the same lead time as the first supplier.

3. Adding a second supplier helps to reduce the bullwhip effect.

4. Adding a second supplier will increase the firm's purchasing power for the componet.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92591571

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