Data on the supply market's structure,price forecasts,and supply chain risk are assessed during a/an:
A)Spend analysis.
B)Insourcing/outsourcing decision.
C)Analysis of supply market intelligence.
D)Supplier certification process.

Question

Quizplus · Accepted Answer

Analysis of supply market intelligence involves evaluating data on the supply market's structure, price forecasts, and supply chain risk. Spend analysis looks at spending patterns and opportunities for cost savings. Insourcing/outsourcing decisions involve considering whether to perform a function in-house or outsource it to a supplier. Supplier certification process focuses on evaluating a supplier's capabilities and compliance with standards.

Data on the Supply Market's Structure,price Forecasts,and Supply Chain Risk