Question: More effort needs to be put into the search and selection of suppliers for these items: (A) standard (B) non-strategic (C) raw materials (D) custom

More effort needs to be put into the search and selection of suppliers for these items: (A) standard (B) non-strategic (C) raw materials (D) custom made (1) 4. _______ are time-consuming and usually costly, but information can be obtained about a supplier that cannot be obtained from an interview or questionnaire. (A) Presentations (B) Proposals (C) Supplier audits (D) Supplier visits (1) QUESTION 2 [46] 2.1 What is acceptance sampling and explain the instances when it may be needed. (7) 2.2 An auto manufacturer sources both office supplies and subsystems such as seats. What, if any, difference in sourcing strategy would you recommend for the two types of products? (10) 2.3 There is a trend toward developing closer relationships with fewer suppliers, inspired by lean purchasing approaches supplier-alliance relationships have emerged that treat suppliers as de facto subsidiaries of the customer organisation. Explain each of the supplier approaches by way of examples. (14) 2.4 Firstly, explain the term outsourcing. Secondly, discuss the benefits and risks associated with outsourcing.

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