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What are the advantages and disadvantages of the parallel sourcing?
Advantages of parallel sourcing:
Best of both worlds for example, have your cake and eat this too for all the various goods or services being sourced, when a preferred alternative has been evaluated
Disadvantages of parallel sourcing:
a. Complexity of coding, systems and administration
b. Duplication of time and cost for running various systems for example, more staff and IT
Ask question #What is meant by perpetual inventory system?Minimum 100 words accepted#
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