1. When viewing a supply chain, the physical movement between the various companies usually part of the purchasing function. 2. The Report on Business from the Institute for supply management is a basic economic metric based on the level of activity that procurement is generally experiencing 3. According to text, the value chain management (a.k.a. VCM) is the identifying, proper strategy, and management of resources and related capacities an organization requires in the meeting of its strategic goals. 4. Traditional purchasing often supported semi-hostile relationships their suppliers 5. Emphasizing and short-term contracts and price analysis is one of the elements in contemporary global sourcing approach 6. One of the components increasing the popularity in SCM is an expanding focus on national-based sourcing, primarily due to the lengthy lead times and the increased investments of transportation stock corresponding with sourcing globally. 7. Cash flow management is a common supply chain management process. 8. Trends in global supply chain include efforts is to identify and mitigate risk to reduce disruptions to minimize impact on lost sales. 9. Understanding consumer behavior is a top knowledge area for buyers according to recent research. 10. Monitoring the orders taken but not filled is a type of demand planning activity