10. What are the advantages and disadvantages of making small, frequent purchases from just a few suppliers? Advantages: Reduced Inventory levels - Improved lead time reliability - Scheduling flexibility - Improved quality & customer satisfaction - Reduced costs of parts - Constructive synergies with suppliers - Cost decreases - Disadvantages: Lack of cooperation from suppliers - Lack of top management support - Lack of employee readiness and support - Lack of support from design engineering personnel - Low product quality - Lack of support from carrier companies - Lack of communication