Review strategic-preferred and transactional suppliers

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Assignment:

At one point in my career, 1 served as the Director of Purchasing for a global manufacturing company. This purchasing operation provided support for our production facilities worldwide, as well as operational purchasing activities from office supplies, vehicles, and capital equipment. Take each one of the areas specified in this topic and think about specific parts/materials that may be needed by a company. If it makes it easier, pick a company to use as an example.

1. Review strategic, preferred, and transactional suppliers, and provide an example of a product/service for each one.

2. Discuss how a company would manage the type of supplier you iden??ed,

3. The level of relationship a company would have with that supplier,

4. The level of risk associated with them, and

5. How a company might manage that risk if necessary.

Reference no: EM133298439

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