The first step in a supply base optimization effort is
A) determine the appropriate number of suppliers for the item(s).
B) analyze the company's buying patterns.
C) examine offshore decisions for reshoring opportunities.
D) establish a goal for total spend reduction.

Question

Quizplus · Accepted Answer

Spend analysis (analyzing the company's buying patterns) is the first part of supply base optimization.

The First Step in a Supply Base Optimization Effort Is