Question: This assignment will focus on evaluating the impact of global procurement strategies on supply chain efficiency. You are to answer the below questions: 1. How

This assignment will focus on evaluating the impact of global procurement strategies on supply chain efficiency. You are to answer the below questions:

1. How do global procurement strategies, such as global sourcing, strategic alliances, outsourcing, and offshoring, impact supply chain efficiency? (15 marks)

2. What are the risks and challenges associated with global procurement and how do they affect supply chain performance? (15 marks)

3. How can technology, such as e-procurement, data analytics, and supply chain visibility, enhance global procurement efficiency? (20 marks)

4. What are some real-world examples and case studies of organizations optimizing their global procurement strategies to improve supply chain efficiency? (15 marks)

5. What recommendations can be provided to organizations to optimize their global procurement strategies for better supply chain efficiency? (15 marks)

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