Question: True or False 5.Today we are able to view a key suppliers catalog on-line, and it could be configured to include the specific items, prices,

True or False

5.Today we are able to view a key suppliers catalog on-line, and it could be configured to include the specific items, prices, and other details negotiated by the two parties. 6. Implementing e-procurement software may allow low dollar purchases to be less costly to manage. 7. The need for an infrastructure that will provide information across all functions and locations within the organization is a key reason ERP was developed. 8. Since government regulations and various technical standards exist across major trading countries, it is relatively easy to develop a global database to consolidate information and sourcing strategy. 9. In a supply chain, a process is a defined as a set of activities that has a beginning and an end, occurs in a vague series of events, and has both inputs and outputs. 10.Technology advances in procurement systems are requiring more people to be hired as buyers.

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