Distinguish between excess, obsolete, scrap, and waste materials.
Answer to relevant QuestionsShould investment recovery be the responsibility of the procurement manager? If yes, why? If not, which party (parties) should be responsible for investment recovery?Distinguish between supplier audits and supplier scorecards. When should each be used?Discuss several demand forecasting issues.List and discuss the three elements of the dependability dimension of customer service.Describe some of the key issues associated with measuring customer service.
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