Operations Management - Working with Suppliers

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Types of Suppliers

  • Accessories
    • Inexpensive items bought regularly - Office Supplies
    • Many possible suppliers
    • Switching to another supplier likely to be easy
  • Capital Items
    • Spending on equipment, machinery and premises
    • May involve major investment
    • Such spending may not be on regular basis and needs thorough investigation before selecting supplier
  • Components and Supplies
    • General inputs…

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