Explain what is pareto analysis

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Reference no: EM133320274

Question 1-Today many New Zealand Companies buying or procure finished goods or raw materials from overseas, predominately from ASEAN countries, e.g. Vietnam or India.

Name five (5) factors that should be considered when selecting or engaging an overseas supplier.

Question 2-Pareto Analysis is an important tool for a supply chain practitioner.

Explain what is Pareto analysis
Provide two(2) examples of how Pareto theory may be applied in the procurement role.

Question 3-There are three common Procurement department structures that are generally found in organisations.

State the three (3) department structures
State one (1) advantage and disadvantage for each structure.

Reference no: EM133320274

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