Question: Develop an effective purchasing strategy that incorporates your suppliers as your partners in the transaction process. Part of this strategy should include the idea that

Develop an effective purchasing strategy that incorporates your suppliers as your partners in the transaction process. Part of this strategy should include the idea that your suppliers should have skin in the game and a discussion as to why this is so.

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Develop an effective purchasing strategy that incorporates your suppliers as your partners in the transaction process. Please explain in detail.

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