Question: Cathy needed a report by next Tuesday that outlined in general terms how procurement could assist in improving the companys competitive position. Describe what procurements

Cathy needed a report by next Tuesday that outlined in general terms how procurement could assist in improving the company’s competitive position. Describe what procurement’s role might be in new product development, and provide a detailed analysis of the effect of a 30 percent increase in sales versus an 8 percent reduction in material costs.

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Purchased goods and services make up 50 percent to 90 percent of a firms cost of goods sold With the responsibility for such a large percentage of cos... View full answer

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