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In retail supply chain management, vendor selection is a critical process that directly impacts the efficiency and profitability of the business. A retail manager must evaluate potential vendors on multiple factors to ensure that they align with the company's goals and objectives. This process typically involves identifying potential suppliers, assessing their capabilities, and determining which vendor is best suited to meet the company's needs. The criteria for selecting a vendor can differ depending on whether the relationship is strategic or transactional. When selecting a ___ ____ _________ _____ _____ _______ ____.
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