ou will prepare a short PowerPoint slide show using The Strategic Procurement rocess (steps 1-4 only) included in the textbook and slides. This will include reating the following: 1. Conduct an Internal Analysis: In this segment you need to discuss all the components you will need to source to create your product. This includes items such as raw materials, consumables (fuel, electricity, packaging), machinery, maintenance parts, technology, etc. Ensure that you outline how your procurement needs reflect your business strategy (eg. Low-cost leadership, differentiation, focus strategy or best-cost provider). You must also discuss your decision to outsource some aspects of your business if you plan to do so with the Total Acquisition Cost (TAC) method. 2. Conduct an Assessment of the Supplier's Market: Identify at least 3 potential countries that are feasible to source from to meet your procurement needs. You must consider aspects like proximity, supplier market competitiveness and product availability. You then must recommend the best country for your sourcing needs. 3. Collect Supplier Information: In this segment you need to create a weighting method to identify what aspects of a supplier are most important to you and develop a scoring method. This supplier analysis should be based on real suppliers that you must research online. 4. Develop a Sourcing/Outsourcing Strategy: Identify if you will be purchasing from your potential suppliers directly or developing a strategic partnership with them. You must explain why you chose each method and the benefits of doing so. 5. Conclusion: Develop a conclusion by summarizing all aspects of your assignment and explaining how it fits your whole business, product and country plan