Problem:
Review the case study "Surplus Styles" in your textbook on page 46. Then briefly answer questions 1 through 3. Also, provide your insights into how Derick should resolve his problem including (a) what steps he should take, (b) should he go out for quotes from a list of vendors or negotiate with his current vendor. Finally, think about and briefly discuss what the differences are when selecting vendors to meet cost points versus meeting quality standards. Sanders, Nada R. Supply Chain Management, 2nd Edition. Wiley, 2017-09-18. VitalBook file.