Question

Before supplier relationship management (SRM), buyers typically spent 40% of their time on expediting orders. After SRM implementation buyers spent about:a. 30% of their time on expediting ordersb. 20% of their time on expediting ordersc. 10% of their time on expediting ordersd. None of these choices are correct

Answer 1

Answer: c. 10% of their time on expediting orders

Explanation:

Supplier relationship management is an approach to evaluate or assess supplier's contributions to businesses with the aim of improving the business and grow relationship between both parties. The supplier relationship management has helped buyers spend just 10% of their time on expecting orders.