Final answer:
Supplier relationship is crucial in operations management for reliable supply, cost efficiency, and quality control.
Step-by-step explanation:
Supplier relationship is crucial in operations management for several reasons:
- Reliable Supply: A strong supplier relationship ensures a steady and consistent supply of materials or goods, which is vital for the smooth operation of a business. This reduces the risk of production disruptions and delays.
- Cost Efficiency: Close collaboration with suppliers can lead to cost savings through negotiations, bulk buying, and improved efficiency in the supply chain.
- Quality Control: Establishing a good relationship with suppliers allows for better communication and collaboration on quality standards. This helps ensure that the materials or goods received meet the necessary specifications and quality requirements.