The director of procurement for a global telecommunications firm has segmented their expenditure and has decided to focus on developing relationships with their bottleneck suppliers. Is this the correct process?
A.
No, as there is lots of variety of goods available
B.
No, as there is vast competition
C.
Yes, as there are low costs to switching suppliers
D.
Yes, as there are little or no other options available
Bottleneck suppliers often control critical or scarce resources. Developing relationships with these suppliers is crucial to mitigate risks and ensure continuity of supply, per procurement best practices.
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