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This is related Sourcing and Supplier Relationships in Supply chain

(1) Using suitable examples, distinguish between “Strategic Items” and “Core Standard Items”.

(2) Should a company develop partnership relationship with all its suppliers? Why or why not?

(3) Is the “Diamond model” for supplier relationship superior to the “Bow-tie” model? Explain.

(4) What do you understand by “Supplier development” and why is it important?

(5) Clearly describe the benefits of centralizing procurement instead of decentralizing it.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93137342

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