Supply Chains Flashcards
1
Q
What do Supply Chains and Supplier Link Closely with?
A
Inventory Management, Working Capital, Capacity, Unit Costs, Economies of Scale, Outsourcing
2
Q
What is a Supplier?
A
A business or individual that provides goods and services to another business
3
Q
What is an example of a typical Supplier for a Food Manufacturer?
A
- raw materials
- energy (electricity, gas, light)
4
Q
What is an example of a typical Supplier for a Fashion Retailer?
A
- suppliers of garments (wholesalers)
- landlord (shop lease)
5
Q
What is an example of a typical Supplier for a Online Publisher?
A
- authors
- web host & website designers
6
Q
Why are Suppliers Important?
A
