Case Study: Value Analysis in Supply Management Background: You are the leader of a value analysis team at a large manufacturing company, XYZ Corp, located in Toronto, Ontario. The company specializes in the production of automotive parts. Recently, the company has been facing challenges with increasing costs and decreasing profits. Situation: XYZ Corp has been using the same supplier for raw materials for the past 10 years. However, the cost of these materials has been steadily increasing, which is impacting the companys profitability. The supplier has cited various reasons for the price increase, including inflation, increased labor costs, and increased transportation costs. Despite these explanations, you suspect that there might be opportunities for val