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- Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about ? On this page you'll find 12 study documents about .
supply management - -the broad set of activities carried out by organizations to analyze sourcing opportunities, develop sourcing strategies, select suppliers, and carry out all the activities required to procure goods and services
-global sourcing financial impacts - -profit leverage effect - every dollar saved in purchasing lowers the cost of goods sold by one dollar and increases pretax profit by one dollar
every dollar saved in purchasing also lowers inventory and, as a result, total ass...
supply management - --focused on the acquisition process recognizing the supply chain and organizational contexts
-special emphasis on decision making that aligns the supplier network and the acquisition process with organizational goals and strategies and ensures short and long term value for funds spent
-the supply function and suppliers is critical for - -the organization's success, competitive advantage, and customer satisfaction
-to increase long-term shareholder value, the compan...
Strategic Sourcing - -can be defined as an approach to supply chain management that formalizes the way information is gathered and used allowing an organization to leverage its consolidated purchasing power finding the best values in the marketplace.
-Strategic Sourcing 2 - -Strategic sourcing requires analysis of what an organization buys, from whom, at what price and at what volume.
-Sourcing - -The process of identifying a company that provides a needed good or service.
-Strategic So...
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