Discuss the advantages and disadvantages of an optimized supply base. How can a buyer overcome the disadvantages?

1 answer:

7 0

Rationalization, a strategic initiative as well as methods to first decrease static or restricted-use providers begins to enable sustainable supply baseline optimization, which is termed as Supply base optimization.

Some advantages of an Optimized supply base are provided below:

Cost efficiency.
Enhance output.
Better Collaboration.
Identify problem areas with ease.
Prevention of delays.

Some advantages of an Optimized supply base are provided below:

Lack of Reliability.
Complicated.
Co-ordination vacuum between organizations.
Trained and personalized personnel are required.
Cost of execution.

A buyer can overcome the disadvantages by the following point:

Your Emergency Strategy is referred to.
Creating open communication channels.
Ensure the level of customer satisfaction.

Learn more about optimized supply base here:

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