A purchasing consortium:
A) speeds up the purchasing process, but does not usually result in price concessions from suppliers.
B) consists of two or more independent organizations that combine requirements for materials, services and capital goods to gain better pricing, service and technology from suppliers.
C) results in price concessions from suppliers, but usually does not speed up the purchasing process.
D) consists of two or more divisions of the same organization that combine requirements for materials, services and capital goods to gain better pricing, service and technology from suppliers.
E) is a form of collaborative purchasing used only by the public sector to deliver a wider range of services at a lower total cost.
Correct Answer:
Verified
Q1: The supply process and structure for managing
Q3: Supply can provide an uninterrupted flow of
Q4: Supply's contribution to the organization's competitive position
Q5: Close to 70 percent of the value
Q6: The degree of centralization is reflected by
Q7: Hybrid supply structures typically:
A) amplify the disadvantages
Q8: Organizations commit resources to cross-functional team development
Q9: The organizational structure centralized, decentralized, or hybrid)
Q10: Specialization within the supply function:
A) allows staff
Q11: Eliminating process inefficiencies is the best way
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