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Which industry is most likely to use supplier tiering?
Suggested Answer: A
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The automotive industry uses supplier tiering, assigning responsibility to different supplier levels (Tier 1, Tier 2, etc.) for efficiency and control.
Short cited extract: ''Automotive sector commonly applies supplier-tier structures.'' (L5M7 Study Guide, p. 115)
28 comments · newest first
RE
Reid
8 months ago
True, but automotive has more complex tiering systems.
LO
Lore
8 months ago
But what about B) Agriculture? They have suppliers too.
LE
Lewis
9 months ago
I agree, the automotive industry relies heavily on suppliers.
SH
Sheridan
9 months ago
Totally agree with A, it’s the most complex industry!
LE
Lenna
9 months ago
Wait, are we sure about A? Seems too obvious.
DE
Derick
9 months ago
C) Services? Not really feeling that one.
DO
Domonique
9 months ago
I think B) Agriculture makes sense too, though.
UN
Una
9 months ago
Definitely A) Automotive, they have so many suppliers!
KA
Karl
10 months ago
B) Agriculture? What kind of farmer needs to tier their suppliers? This question is a joke.
HO
Hoa
10 months ago
Haha, finance? That's a good one. Next they'll be asking about supplier tiering in the fashion industry.
BR
Brynn
10 months ago
I agree, the automotive industry is the most likely to use supplier tiering. They have to coordinate a vast network of suppliers.
FR
Fredric
10 months ago
I feel like finance could use supplier tiering too, but it seems less likely compared to automotive.
DO
Dorethea
10 months ago
I'm not entirely sure, but I remember a practice question mentioning that agriculture might also use tiering for different levels of suppliers.
DA
Dana
10 months ago
A) Automotive is the correct answer. Supplier tiering is a common practice in the automotive industry to manage complex supply chains.
FA
Fanny
11 months ago
I think A) Automotive is the best choice.
RA
Ramonita
11 months ago
I recall discussing this in class, and I think automotive was the example we focused on for supplier tiering.
TH
Theodora
11 months ago
D) Finance? Really? I think the person who wrote this question needs to go back to school.
LU
Luisa
11 months ago
I think the automotive industry is a strong candidate for supplier tiering since they rely heavily on parts from various suppliers.
DE
Dean
12 months ago
Based on what I know about different industries, I'd say the automotive industry is the best fit for supplier tiering. They have to coordinate a huge network of suppliers.
CR
Cristy
12 months ago
I'm a bit confused on this one. I know supplier tiering is about organizing suppliers, but I'm not sure which industry would use it the most. I'll have to review my notes.
KA
Kasandra
1 year ago
Supplier tiering seems like it would be really useful in the automotive industry to manage all those suppliers. I'm pretty confident that's the right answer.
FA
Fairy
1 year ago
Hmm, I'm not sure about this one. I'll have to think it through carefully. Maybe the services industry could use supplier tiering too?
DA
Darrel
1 year ago
I think the automotive industry is most likely to use supplier tiering. They have complex supply chains with many tiers of suppliers.
CA
Carli
7 months ago
Services are simpler, not as many tiers.
CH
Cherelle
7 months ago
Automotive is king for supplier tiering.
AR
Arthur
7 months ago
Finance? I don't see it. Too straightforward.
IS
Isaac
8 months ago
Agriculture has its share too, but not like automotive.
SC
Scarlet
11 months ago
Definitely automotive! So many suppliers involved.