Problem statement: High dependency on too few suppliers, Very little leverage through the channel. Lacking mechanisms to mange suppliers, to creat supplier stratification. How can data analytics help to alleviate the dependance on few suppliers. Need to create Supplier diversity.

in a 1400 words Answer the following questions

1) How can Data analytics be used to reduce the hight dependence on too few suppliers?

2)How can data analytics be used as a leverage throughout the channel?

3How can data analytics be used to create mechanisms to manage suppliers?

4) How can data analytics be used to create supplier stratification?

5) How can data analytics be used to alleviate the dependance on few suppliers?

6)How can data analytics be used to create supplier diversity?