Question: Effective supplier management is based on: a. SLAs with contract penalties. b. Clearly defined requirements in the RFP. c. Measurable service levels and regular monitoring.

Effective supplier management is based on:

a. SLAs with contract penalties.

b. Clearly defined requirements in the RFP.

c. Measurable service levels and regular monitoring.

d. Strong negotiation skills of the procurement team.

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