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What are the advantages of using multiple sourcing strategies?
Advantages of using multiple sourcing:
a. May assist negotiate and drive down prices while more suppliers exist
b. More environmentally aware like the organisation ‘shops around’
c. Lower risk when a supplier fails to deliver
What are some different companies that could benefit from using this type of inventory management and why?
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Discuss how various legal, political, economic, and cultural systems may affect the brokering of a relationship with international partners.
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You are the branch operations manager for a leading manufacturing company. The following are the bill of materials (BOM), Master Production Schedule, and Inventory Record Sheet for
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