Operations Management - Working with Suppliers

Types of Suppliers

• Accessories
  • Inexpensive items bought regularly - Office Supplies
  • Many possible suppliers
  • Switching to another supplier likely to be easy
• Capital Items
  • Spending on equipment, machinery and premises
  • May involve major investment
  • Such spending may not be on regular basis and needs thorough investigation before selecting supplier
• Components and Supplies
  • General inputs…