Single sourcing consolidates purchase volume with a single supplier in hopes of increasing cooperation and communication in the supply relationship as well as ___________.
A) greater supply risk mitigation
B) increased amounts of competition
C) improved market intelligence
D) lower costs per unit
Correct Answer:
Verified
Q14: _ refers to the raw materials,component parts,and
Q15: _ involves an increased focus on identifying
Q16: Procurement's historical focus in many organizations was
Q17: Which of the following would not be
Q18: Procurement and _ are viewed as synonymous
Q20: A focus on satisfying internal customers is
Q21: Supply chain management refers to a relational
Q22: _ identifies opportunities to recover revenues or
Q23: _ materials are no longer serviceable,have been
Q24: Procurement and purchasing are viewed as synonymous
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents