Question: When designing a sourcing strategy, it is important for a firm to develop a process that will procure materials at the lowest possible cost. maintain

When designing a sourcing strategy, it is important for a firm to
develop a process that will procure materials at the lowest possible cost.
maintain a record of all contracts, receipts, issues, and other transactions in the event of lawsuits.
maximize the profitability of the distributors within the supply chain.
be clear on the factors that have the greatest influence on performance and target improvement on those areas.

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