(Done paper) Chapter-2 1. Explain backward and forward vertical integrations. 2. Describe centralized and decentralized purchasing and their advantages.

//(Done paper) Chapter-2 1. Explain backward and forward vertical integrations. 2. Describe centralized and decentralized purchasing and their advantages.

(Done paper) Chapter-2 1. Explain backward and forward vertical integrations. 2. Describe centralized and decentralized purchasing and their advantages.

Assignments Chapter 2 – 4
Chapter-2
1. Explain backward and forward vertical integrations.
2. Describe centralized and decentralized purchasing and their advantages.
3. Explain these terms: (a) supply management, (b) materials management, (c) procurement, (d)
purchasing, (e) sourcing, (f) acquisition, (g) sole sourcing and (h) single sourcing.
4.
Chapter 3
1. Compare and contrast the arm’s-length or adversarial approach to the partnership approach to
building customer-supplier relationships.
2.
Chapter 4
1. What is the difference between purchasing and strategic sourcing?
2. What is supply base rationalization, and what are its advantages and disadvantages?
3. Why is early supplier involvement a good way to integrate the supply chain?
4. Why are second- and third-tier suppliers important to the focal firm

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By | 2018-09-20T01:18:00+00:00 September 20th, 2018|Business|0 Comments

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