Discuss how sourcing issues, such as risk, regulations

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Reference no: EM133504048

Question 1.What is "spend management," and how does it allow firms to more efficiently and effectively source goods and services?

Question 2.Briefly discuss how sourcing issues, such as risk, regulations, and customer service, influence global sourcing.y and effectively source goods and services?

Question 3.Are "purchasing" and "procurement" the same or different? If different, identify some of the ways in which they differ.

Question 4. Outsourcing has become a common practice in supply chains. How can strategic partnerships and alliances help to optimize outsourcing strategies?

Question 5.How do metrics and key performance indicators (KPIs) assist firms in evaluating suppliers and helping to optimize the supply chain?

Reference no: EM133504048

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