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Explain at least three advantages of category management

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Reference no: EM133569536

Questions:

1. Developing a deep understanding of requirements with detailed market research to ensure no supply failure at any time is one of the key objectives of sourcing. Explain with at least three examples of advantages of market research in sourcing.

2. Explain at least three advantages of category management.

3. Explain why it is important to monitor company expenditures and the role of category management in this effort?

 

Reference no: EM133569536

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