Question: 1 A. What is sourcing? B. State TWO (2) reasons as to why sourcing is important in the supply chain? C. List any TWO (2)
1 A. What is sourcing? B. State TWO (2) reasons as to why sourcing is important in the supply chain? C. List any TWO (2) types of sourcing. D. From question 3 explain how you would use any of the aforementioned to meet a customer’s desire E. Jamaican owned small businesses are struggling to stay afloat with other competitors in the supply chain. How can Leondo’s, Walters’s, and Al’s minimart compete with Megamart in goods procurement?
Question 2
With the aid of modern technologies and web-based software, you can simplify the supply
process and dramatically reduce shipping errors by implementing software management systems.
A. Identify any TWO (2) systems that could be used to reduce shipping errors.
B. State TWO (2) advantages and TWO (2) disadvantages of the systems identified.
C. Explain any TWO (2) processes that supply chain IT enables.
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1 A Sourcing refers to the process of finding and selecting suppliers or vendors to procure goods and services for a companys supply chain B Two reasons why sourcing is important in the supply chain a... View full answer
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