Carefully read the scenario below and answer the questions that follow. Strategic Cost Management and Procurement Optimization at Transwerk Background Information Transwerk is a leading manufacturer of railway rolling stock, operating in the complex and competitive market of South Africa. Over the past year, the company has been grappling with significant cost overruns directly attributed to its aging fleet of locomotives and passenger coaches. Frequent breakdowns and the subsequent urgent repair needs have led to a surge in the maintenance budget. The situation is further exacerbated by the unavailability of critical materials, making the maintenance programs not only expensive but also inefficient. In addition to cost management challenges, Transwerk faces