Reference no: EM133084373

1. Discussion

In the recent past, businesses contracted with countless suppliers to boost competition between suppliers and reduce costs. However, the buyer-supplier relationship was price-based. Describe five to seven methods to reduce a supplier base?

2. Discussion

A vast majority of raw materials are delivered from varied global vendor locations to manufacturing sites in other regions. What are some general limitations of a supplier's operational management in the global environment?

3. Discussion

Researchers have found that positive partnerships have a lasting effect on the agreements of long-term contracts. Meaning buyers and sellers agree to more complete and complex contract agreements. Describe other variables that may impact contract selection for a business?

4. Discussion

Sometimes suppliers will not share cost data outright. As the purchaser you will have to utilize reverse price analysis, describe the formula and when would you use it?

5. Discussion

A number of businesses and citizens offer healthcare goods for the betterment of our world. Why must humanitarian organizations guarantee that every single purchase is completed in a translucent way?