Strategic sourcing requires two-way continuous improvement process work from each organization.

Name: Strategic sourcing requires two-way continuous improvement process work from each organization.
Brand: Quizplus
Rating: 4.9 (57 reviews)

Question

Quizplus · Accepted Answer

Strategic sourcing involves continuous monitoring and improvement of both the buying organization and the supplier. It is a collaborative effort that requires both parties to work towards achieving mutual goals and improving the overall value chain. Therefore, the statement is true.

Strategic Sourcing Requires Two-Way Continuous Improvement Process Work from Each