Answer the following questions;

1. Summarize reasons why purchasing is no longer a clerical responsibility but has become a strategic priority.

2. Describe strategic sourcing as a part of the process to developing a high-performance, sustainable supply base.

3. Describe and illustrate three issues associated with aligning purchasing objectives with overall organizational objectives.

4. Why are fostering collaborative supplier relationships at the core of successful supply chain management?

5. What are issues with an outsourcing decision that affect:

a. Internal or external resources;

b. Transactions costs; and,

c. Business risks.

6. Illustrate three procurement issues associated with technology innovation.

7. Describe and illustrate three sustainability challenges within a supply chain.

8. What is meant by service and services operations within the context of a service-based supply chain?

9. Illustrate three transportation linkages between logistics management and sustainability.

Answer rating: 100% (QA)

1 Purchasing is transforming from the traditional clerical responsibility to a strategic priority over the past couple of years This is mainly due to the increased need to establish a collaborative re... View the full answer