WCSM requires supply management professionals and suppliers to be actively involved in the tactical and strategic development of specifications and standards to proactively reduce total costs of products and services.

Question

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WCSM (World Class Supply Management) philosophy emphasizes on the active involvement of supply management professionals and suppliers in developing specifications and standards for products and services. This proactive approach helps in reducing the total costs of products and services.

WCSM Requires Supply Management Professionals and Suppliers to Be Actively