Question: True or False 9. Purchasing managers typically classify suppliers based on its engineering capability 10. Maintaining an inventory (buffer) of key materials is part of

True or False True or False 9. Purchasing managers typically
9. Purchasing managers typically classify suppliers based on its engineering capability 10. Maintaining an inventory (buffer) of key materials is part of the overall supply risk management strategy 11. Managing the day-to-day transactions with suppliers is an example of a strategic purchasing function. 12. Expediting in a supply chain may be caused by issues with either the buyer or the supplier. 13. A major advantage of EDI is that information is sent over the internet and allows rapid transmission of small amounts of data. 14. Purchasing personnel would likely be closely involved in new product testing 15. Once a process is statistically controlled, it could be compared to the tolerances to see how much of the process falls inside or outside of the tolerances 16. Full partnerships between a firm and a supplier would be most appropriate when the firm requires a large volume of a non-critical or commodity type part

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