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300 words with reference Describe the traditional adversarial relationship with suppliers when using the “three quotes” system...

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General Management

300 words with reference

Describe the traditional adversarial relationship with supplierswhen using the “three quotes” system and how that changes with asupply chain system with one or few suppliers.

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The three quotes system mainly deals with the efficiency which can be obtained in the management of supplier quotations and bids while performing the process of contracting or tendering in any kind of supply chain The three quote system mainly indicates that there should be minimum of three quotations submitted to the organization which is being offered by three different suppliers so that the organization is in a better situation to    See Answer
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