What is an "Exception Supplier" as a business term?

AO Aoiryuu asked on 28 June 2020, 04:20
2 answers / 1088 views / 5 votes
VE
supplier who are working under circumtances where law of supply may not be true. which means that the price of the present commodity and the supple of the same commodity may not move in the same direction.
JO
It's your backup or reserve supplier or manufacturer when your primary falls through. The exception your making will usually be a price increase due to low stock supply, increased demand, or time constraints.

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