A company that uses a more expensive short lead time supplier as a backup for a low cost,long lead time supplier is using

A) tailored sourcing.
B) quick response.
C) postponement.
D) improved forecasting.

Tailored Sourcing

A sourcing strategy that is customized to fit the specific needs and requirements of a business, often involving close collaboration with suppliers.

Lead Time

The amount of time that elapses between the initiation and completion of a process, such as the time from placing an order to delivery.

Backup Supplier

A secondary source for goods or materials, used in case the primary supplier fails to deliver, to ensure continuity of supply in the production or distribution process.