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Assignment: There is some very interesting information covered in this week's material that discuss the use of several measurement and tracking techniques that can be used in managing the supply chain. Each of these programs can be used to ensure that the buyer is getting the best price, quality, and delivery from their suppliers. More importantly, it provides a base for developing solid relationships, and even better, partnerships with key suppliers.
Question: Where you can, share from your own work experiences if you have participated in any of these programs.
1. Select 2 of the planning methods.2. Describe how these methods are significant to the buyer and the supplier.
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