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The vendor selection process in retail supply chain management is a critical strategic activity that directly affects operational efficiency, cost management, and customer satisfaction. It involves a systematic evaluation and decision-making process to identify, assess, and choose suppliers who can meet the business requirements consistently and reliably. The process begins with identifying the need for a vendor, which may arise due to new product lines, replacement of underperforming suppliers, or expansion into new markets. Once the need is established, ___ _______ ______ _____ __________ _____.
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