644 wk3 db1 res | Business & Finance homework help

Respond to…

Connect with a professional writer in 5 simple steps

Please provide as many details about your writing struggle as possible

Academic level of your paper

Type of Paper

When is it due?

How many pages is this assigment?

When a firm is looking at the number of suppliers they should have, it is important to take into consideration the type of business they have as well as the type of relationship they are hoping to have with their supplier.

For example, when a brokerage is looking to get professional photos on all current and future listings, they would benefit from having one photography supplier. One of the advantages of having one supplier is the ability to build a long term partnership that allows both parties to develop methods and expectations that will lower costs. “These close partnerships often lead to high levels of dependency between the customer and the supplier” (Vonderembse, & White, 2013).  Because the brokerage uses one photography company, the ordering and delivery process is seamless and the turn around time is quick. In addition, the cost per photo decreases because of the amount that is ordered and the loyalty they show each other.  It is important that both the brokerage and the photography company develop contingency plans to deal with unexpected problems that may occur. 

The photography company may choose to outsource the editing process and benefits from having multiple suppliers. The reason this works is because no one company can edit the photos fast enough to get them back to the brokerage the following day. By having multiple suppliers the photography company can divide the editing work, and instead of getting photos back 24 hours later, they are able to get edited photos back and sent to the brokerage within 12 hours.  One of the disadvantages this could have is the consistency in quality editing from the multiple sources, it is important to have each supplier deliver the same level of quality. 

In conclusion, when determining if a firm should have one supplier or several, it is crucial to look at the business structure and determine the type of relationships needed to be successful. A large grocery chain will benefit from forward vertical integration, while a brokerage needing photos has no need for it. 


Vonderembse, M. A., & White, G. P. (2013). Operations management [Electronic version]. Retrieved from https://content.ashford.edu

Respond to…

Should a firm attempt to have fewer or more suppliers? What are the advantages and disadvantages of each approach?

My initial response is that it depends on the situation. Looking at it from my organization we have areas where we utilize dozens of suppliers and some where we have only one. The advantage to having fewer or even just one supplier is that these, “relationships enable both parties to work together for greater integration of the supply chain and for development of methods that can improve quality and lower costs,” (Vonderembse & White, 2013, Chap. 5.4). The reason behind having one, in my example, is that it makes it easier to customize those products or services. We use one vendor for all of our shipping supplies. We have customized shipping containers and product specific packaging materials that they have developed around our specifications. In this way we have a working partnership with this vendor.

On the other side of the discussion, we distribute almost 20K different SKUs. In order to carry such a diverse selection for our customer we have dozens of supply vendors. Because of our sales volume, these vendors compete for space within our building especially those with like items. We also have our own manufacturer that produces generic versions of our most popular items. I would relate this to the backward vertical integration discussed in our text (Vonderembse & White, 2013). This gives us flexibility on what products we produce and gives us a competitive advantage over the brand name items, at least from a cost perspective.


Vonderembse, M. A., & White, G. P. (2013). Operations management [Electronic version]. Retrieved from https://content.ashford.edu/

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our Guarantees

At 111papers.com, we value all our customers, and for that, always strive to ensure that we deliver the best top-quality content that we can. All the processes, from writing, formatting, editing, and submission is 100% original and detail-oriented. With us, you are, therefore, always guaranteed quality work by certified and experienced writing professionals. We take pride in the university homework help services that we provide our customers.

Money-Back Guarantee

As the best homework help service in the world, 111 Papers ensures that all customers are completely satisfied with the finished product before disbursing payment. You are not obligated to pay for the final product if you aren’t 100% satisfied with the paper. We also provide a money-back guarantee if you don’t feel that your paper was written to your satisfaction. This guarantee is totally transparent and follows all the terms and conditions set by the company.

Read more

Zero-Plagiarism Guarantee

All products that we deliver are guaranteed to be 100% original. We check for unoriginality on all orders delivered by our writers using the most advanced anti-plagiarism programs in the market. We, therefore, guarantee that all products that we submit to you are 100% original. We have a zero-tolerance policy for copied content. Thanks to our strict no plagiarized work rule, you can submit your homework to your professor without worrying.

Read more

Free-Revision Policy

TThis is one of the most cherished courtesy services that we provide to help ensure that our customers are completely satisfied with our finished products. Delivering the best final product to our customers takes multiple inputs. 111papers.com prides itself on delivering the best university homework help services in the writing industry. And, in part, our free revision policy is how we do it. What’s more, all our revisions are 100% free without any strings attached.

Read more

Privacy Policy

Client privacy is important to use. We know and understand just how important customers value their privacy and always want to safeguard their personal information. Thus, all the information that you share with us will always remain in safe custody. We will never disclose your personal information to any third party or sell your details to anyone. 111 Papers uses the most sophisticated, top-of-the-line security programs to ensure that our customers’ information is safe and secured.

Read more

Fair-Cooperation Guarantee

Placing your order with us means that you agree with the homework help service we provide. We, in turn, will endear to ensure that we do everything we can to deliver the most comprehensive finished product as per your requirements. We will also count on your cooperation to help us deliver on this mandate. Yes, we also need you to ensure that you have the highest-quality paper.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages