Question: Match the Key Term to its appropriate definition. A. Process of determining the appropriate number of and mix of suppliers to maintain. Category System defining

Match the Key Term to its appropriate definition.

Match the Key Term to its appropriate definition. A. Process of determining the appropriate number of and mix of suppliers to maintain. Category System defining a specific family of products or services that are used in B. delivering value to the end customer. Integrative C. Rightsizing Spend Analysis Process of reducing the number of suppliers used that are not capable of achieving world-class performance either currently or in the near future. D. Process of annually reviewing a firm's entire set of purchases. System that requires you to establish corroborating data to validate a given E. hypothesis. Triangulate v Supply Base Optimization F. When corporate strategic plans are effectively"cascaded" into specific supply management and category goals through a sereies of iterative planning stages so that the strategy is drafted by those personnel responsible for its implementation. QUESTION 2 Complete the following quote. "Few organizations have fully executed the more complete strategies found in Phases and ." (each is a one-word answer)

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