The major reason supply management can greatly improve a firm’s return on investment (ROI) is:
A) the reduction of post ownership costs
B) the reduction of downtime costs
C) the reduction of quality costs
D) the reduction of acquisition cost
E) every dollar saved in purchasing is = to a new dollar of profit
Correct Answer:
Verified
Q25: When we add the term networks to
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
Q31: Strategic sourcing differs from tactical purchasing in
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
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