Question: Purchasing and Supplier Management Assignment #1 repare formal, written responses to the following questions: 1. Select a category that you believe might be chosen for

Purchasing and Supplier Management Assignment #1

Purchasing and Supplier Management Assignment #1 repare formal, written responses to the following questions: 1. Select a category that you believe might be chosen for a strategic category analysis in the industries listed below. Describe the factors impacting each commodity, using a Porter's Five Forces analysis. Justify why you believe the category is strategic to that industry, and discuss in detail the approach to be used in developing a category strategy. a. Oil (West Texas intermediate) versus gasoline b. Metals Chemicals d. Plastic resins e. Shipping f. Wood products and other production materials g. Aeronautical equipment h. Machine tools i. Telecommunications j. Paper C. 2. Provide a list of companies that, based on your reading of recent articles in the popular press, fit into the category of Stage 1 companies. What companies can you think of that might fall into the category of Stage 3 or Stage 4? Provide some justification for your lists. 3. Some companies have begun to bring production from low-cost countries back to North America and Europe. What are some possible explanations for this shift? Think about the TCO associated with using a low-cost country. 4. What do you think are the reasons that so few companies are classified as Stage 4 companies? Do you think this is likely to change

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