Question: Supplier selection is an important process requiring time and effort on the part of the company. Discuss the four key stages of the supplier selection

Supplier selection is an important process requiring time and effort on the part of the company. Discuss the four key stages of the supplier selection process and compare and contrast the supplier selection techniques of Analytic Hierarchy Process (AHP) and Total Cost of Ownership (TCO), providing indication of when each might be appropriate.

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