alternative suppliers
Alternative suppliers are companies or individuals that provide goods or services as substitutes for the primary suppliers. They can offer similar products at different prices, quality levels, or delivery times. Businesses often seek alternative suppliers to reduce costs, improve supply chain resilience, or find unique products that better meet their needs.
Using alternative suppliers can also foster competition, leading to better pricing and innovation. For example, a company that typically sources materials from Supplier A might explore options from Supplier B or Supplier C to enhance its offerings or mitigate risks associated with relying on a single source.