Please complete the in-class assignme today. Please answer the following que in the reply stream and share your answers with the class:

1.) What are the main differences between purchasing

and supply management.

2.) Please differentiate between supply chains and value chains.

3.) Please explain the concept of Re-Shoring and

provide an example.

4.) Please explain the concept of Near-Shoring and

provide an example.

5.) Please discuss at least three factors where there is an emphasis on supply chain management.

6.) What are the seven reasons why purchasing is important in an organization.

7.) Why is information and knowledge an important

factor when purchasing for an organization.

8.) Please discuss some of the supply chain management activities that take place in an organization and please provide an example.

9.) Please discuss the four enablers of purchasing and supply chain management.

10.) What are the key differences between consumer buyers and organizational buyers.