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What are the two primary objectives of supplier development?

a. Decrease supply options, Improve process capabilities
b. Improve strategic focus, Increase supply base
c. Improve process capabilities, Increase supply options
d. Increase ROI, Decrease supply risk
e. None of the above

User Lkopo
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Final answer:

The primary objectives of supplier development are to improve the process capabilities of suppliers and to increase the range of available supply options.

Step-by-step explanation:

The two primary objectives of supplier development are c. Improve process capabilities, and d. Increase supply options. Supplier development is a strategic activity focused on improving the performance and capabilities of suppliers. By enhancing process capabilities, suppliers can offer better quality, efficiency, and innovation. Concurrently, increasing supply options is pivotal for a business to reduce risk, gain access to a broader array of goods and services, and enhance competition among suppliers which often leads to better market prices and services.

User Duan Yao
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