Strategic sourcing differs from tactical purchasing in that this activity periodically:
A) analyzes the organization’s spend
B) analyzes the supply market
C) develops sourcing strategy and plans
D) outsources basic business services such as security
E) A, B &C
Correct Answer:
Verified
Q26: SM does not require change driven by
Q27: The five “right objectives” of purchasing are:
Q28: World-class supply managers need not improve supply
Q29: When the group of firms view each
Q30: The major reason supply management can greatly
Q32: The concept of a supply chain means
Q33: Strategic sourcing is about dominating the markets
Q34: When the group of firms view each
Q35: Maintenance is an issue that should be
Q36: The term supply management is broader than
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