Asked by Michelle Elizabeth Karsten on Jul 19, 2024

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The relationship between the manufacturer and supplier during the procurement cycle is very similar to the relationship between

A) customer and retailer.
B) retailer and distributor.
C) distributor and manufacturer.

Procurement Cycle

describes the process of sourcing, acquiring, and managing resources and materials needed for production or operation in an organization.

Retailer

An enterprise or individual who markets products for personal or domestic consumption by customers.

Distributor

An intermediary entity in the supply chain that purchases products from manufacturers or wholesalers and sells them to retailers or directly to consumers.

  • Comprehend the functions and connections among manufacturers, suppliers, consumers, and retailers in the supply chain context.
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Verified Answer

RF
Rebecca FisherJul 25, 2024
Final Answer :
C
Explanation :
The relationship between the manufacturer and supplier is similar to the relationship between the distributor and manufacturer because the supplier acts as an intermediary between the manufacturer and the end customer, just as a distributor does. The retailer and customer relationship (choice A) is not as relevant in the procurement cycle, and the retailer and distributor relationship (choice B) is not as directly related to the manufacturer as the other two options.