Discuss the benefits and potential challenges of using electronic procurement cards.
Answer to relevant QuestionsName and describe the steps in the supplier selection and evaluation process.Distinguish between excess, obsolete, scrap, and waste materials.Describe Kraljic’s Portfolio Matrix. What are the four categories of this segmentation approach?What are some causes of order cycle variability? What are the consequences of order cycle variability?How do characteristics such as substitutability and product life cycle stage influence the development of customer service goals and objectives?
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