How does a traditional adversarial relationship with suppliers change when a firm makes a decision to move to a few suppliers?

You have just started work as the Supply Chain Manager for Skateboards company These powered skate boards are a huge marketing success and the company owner now wants someone to look at his supply chain and see what efficiencies/savings can be made. One of your remits is to assess the supplier management strategy of the firm to ensure we are getting the most from our relationships in the supply network. You have asked (as a start) for a copy of this weeks purchases from Accounts and someone has kindly written some comments next to each entry on the payment run, this is printed overleaf. Look at this weeks purchases and think about the following;•Strategic importance of the item to the firm.•Supply risk to the firm (risk of non-exclusivity or even supply failure). The substitutability of the product.•The supplier relationship (b)  Next session you will be shown a matrix for categorising types of purchase and assigning suitable supplier strategies to pursue for each category.

Allocating business among suppliers is a key component of making your supply chain ___________?

What is the term used for the act of moving some of a company’s internal activities and decision-making processes to outside providers?

The word "full-service provider" may be associated with a few different meanings. What are the advantages of working with a supplier that provides a variety of services?