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Nezavi [6.7K]
3 years ago
13

A company has decided that it no longer needs to extensively count and inspect the products it buys from a particular supplier.

This suggests that the buying company has is in the volume consolidation stage of developing procurement strategy.
Business
1 answer:
agasfer [191]3 years ago
3 0

Answer: False

Explanation:

The VOLUME CONSOLIDATION Stage is where a company attempts to reduce the number of suppliers that it has and consolidates the volume of sales it does through them.

This strategy helps in having a better relationship with suppliers as well as earning a claim on their business which would go a long way in price negotiation.

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