Lockheed Martin is sourcing aircraft parts from Boeing after exploring other defense partners in the industry. This process is typically high risk due to sensitivity of the information being exchanged and the amount of money spent in negotiating and securing contracts. What type of example is this and why ?

Answer rating: 100% (QA)

This scenario is an example of strategic sourcing within the defense industry Strategic sourcing is a procurement process that continuously improves a... View the full answer