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Question
The final step of the supplier selection process is to evaluate the decision.Answer
This answer is hidden. It contains 4 characters.
Related questions
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According to the text, ____has been at the center of the changes taking place that affect the supply chain.
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What are some reasons that third-party logistics arrangements aren"t always successful?
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Procurement and purchasing are viewed as synonymous terms.
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A contemporary procurement manager might have responsibility for reducing cycle times and for generating additional revenues by collaborating with the marketing department.
Q:
Which of the following is not a reason for why purchasers are adopting a more proactive and aggressive role in the procurement process?
a. there are myriad inefficiencies associated with suppliers initiating marketing efforts towards purchasers
b. achieving competitive advantage in the supply chain
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Q:
The text outlines a supplier selection and evaluation process that consists of ____ steps.
a. 4
b. 5
c. 6
d. 7
Q:
With respect to the supplier selection and evaluation process, ____ looks at both the internal and external environment within which the supply decision is to be made.
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Which of the following is not a potential challenge of using procurement cards (p-cards) in non-domestic markets?
a. currency differences
b. cultural issues
c. difference in card acceptance policies
d. availability of technology
e. all of the above are challenges
Q:
Procurement's historical focus in many organizations was to ____.
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b. use a limited number of suppliers
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d. achieve the lowest possible cost
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Distinguish between excess, obsolete, scrap, and waste materials.
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What is total cost of ownership and why is it important to consider?
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Pick, and discuss, two components of the global sourcing development model presented in this chapter.
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Define supplier development and explain why it is becoming more prominent in some organizations.
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Distinguish between supplier audits and supplier scorecards. When should each be used?