Question

In relation to the overall supply chain, ______ place a priority on cost savings while _______ place a priority on doing whatever is necessary to deliver form, time, and place as promised on a specific order.

Answer 1

Suppliers prioritize cost savings, while logistics providers prioritize timely delivery and fulfillment.

Step-by-step explanation:

In relation to the overall supply chain, suppliers place a priority on cost savings while logistics providers place a priority on doing whatever is necessary to deliver form, time, and place as promised on a specific order.

Suppliers focus on reducing costs through efficient production processes, sourcing cheaper materials, and negotiating favorable prices with vendors. On the other hand, logistics providers prioritize meeting delivery deadlines, ensuring proper transportation and storage of goods, and optimizing the overall flow of products.

For example, a supplier may choose to lower production costs by using cheaper raw materials, whereas a logistics provider may invest in faster transportation methods to ensure timely delivery.