In responding to the third emerging trend, while also ensuring that challenges highlighted in trend $1$ and trend $2$ are addressed too, you, as procurement specialist at Globalcast, have been approached to advise on a suitable procurement strategy, system, process and supplier selection criteria to utilise in engaging global suppliers preferred or $$approved$$ by Globalcast customers. As a team, analyse the case extensively and prepare a strategy document for consideration by Globalcast Executive Committee with your recommendations.