Question

Strategic sourcing for successful supply chain management

Answer 1

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Strategic sourcing can be defined as a collective and organized approach to supply chain management that defines the way information is gathered and used so that an organization can leverage its consolidated purchasing power to find the best possible values in the marketplace.

Answer 2

Explanation:

Strategic sourcing can be defined as a collective and organized approach to supply chain management that defines.

• the way information is gathered and used so that an organization can leverage its consolidated purchasing power to find the best possible values in the marketplace.