High$-$performing cross$-$functional supply teams: are useful for every type and dollar value of purchase. rely on a sequential process across functions. get better results at lower costs and in less time. concentrate most of the work at the back$-$end of the process.$$ Effectively applying technology to the supply management process will result in: an increase in clerical effort because of the need for more data entry than in a manual system. a negative impact on buyer$-$supplier relationships because of the impersonal nature of electronic communications. an ability to reduce the total cost of doing business by enabling just$-$in$-$time systems, bar$-$coding applications, integrated manufacturing, and electronic funds transfers. poorer negotiation planning and preparation because of the time spent accessing and analyzing data.Hedging is a way to: try to minimize price risks. make sure that the quantity ordered will be delivered. ensure delivery. guarantee maximum returns.Supply performance benchmarks typically provide: analysis of a company's own internal trends to identify improvements. reference points to compare a company's supply performance to others. a comparison of a company's current performance to past performance. industry standards for overall company performance. $.$ OOBar coding systems are useful in supply in: transmitting purchase orders. obtaining price quotes. receiving inbound materials and order generation. incoming inspection and quality control.