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Marty Walsh, a purchasing analyst for Toyo Parts, is excited about bringing on board a new supplier for a metal component. However, Marty needs 7
Marty Walsh, a purchasing analyst for Toyo Parts, is excited about bringing on board a new supplier for a metal component. However, Marty needs units and he suspects that this supplier's breakeven volume is units based on the quote and the supplier's estimated cost structure. How could Marty help this supplier's financial condition?
Ask supplier to invest more in his facility and operations
Give supplier units to produce instead of units
Work with the supplier to redesign the part such that labor to produce the part is reduced
Ask supplier to reduce his quoted price
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