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Relationships between procurement and strategic sourcing

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Reference no: EM132756935

Question 1.

Describe and discuss the differences and relationships between purchasing, procurement, and strategic sourcing. Discuss with elaboration and in detail how these concepts have evolved. Discuss how lean initiatives have impacted these processes.

Question 2.

Discuss the role of production operations in the supply chain. Consider the addition of lean production into the discussion. Provide examples of lean production utilizing an organization you have worked for or know well.

Reference no: EM132756935

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