Discuss the advantages and disadvantages of using e-commerce in the procurement process.
Answer to relevant QuestionsDescribe the different types of e-commerce business models available for procurement and point out their respective benefits and disadvantages. What is meant by supplier “certifications and registrations”? Of what relevance are these to the supplier selection process? Outsourcing is a popular supply chain strategy. Discuss the reasons for and against an organization outsourcing its production processes. Customer returns, particularly at the retail level, have increased dramatically. What factors have contributed to this increase? What recommendations would you implement to decrease this volume? Describe some examples of success in the area of global supply chain management.
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