Explain the rationale underlying volume consolidation

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1. Explain the rationale underlying volume consolidation. What are the risks associated with using a single supplier for an item?

2. Explain how logistics performance is crucial to JIT.

3. In the text, Tyco’s procurement of logistics services was discussed. Why is Tyco’s approach considered innovative?

4. What problems might Tyco confront in attempting to implement this strategy?

Reference no: EM132293742

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