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Question 395

An effective supplier relationship management (SRM) program selects a supplier based on the supplier's:

    Correct Answer: D

    An effective supplier relationship management (SRM) program selects a supplier based on the supplier's level of influence over the performance of the supply chain. This criterion ensures that the chosen supplier can significantly impact the efficiency, reliability, and overall effectiveness of the supply chain, which is crucial for maintaining competitive advantage and operational excellence.

Discussion
Rajiv8047Option: D

An effective supplier relationship management (SRM) program selects a supplier based on the supplier's level of influence over the performance of the supply chain.