Question: What is a reverse auction? When would it be appropriate to use that? What strategies can you use to move items from the Bottleneck Items

  1. What is a reverse auction? When would it be appropriate to use that?

  1. What strategies can you use to move items from the Bottleneck Items quadrant of the Risk/Value matrix to the Non-Critical Items one?

  1. What are the main benefits of having a dedicated or single supplier?

  1. Why would a company want to implement LEAN and Six Sigma? What would be the approach to start this process successfully?

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