Identifying potential sources-suppliers for a product

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Reference no: EM132201619

1. What are three of the information sources available when identifying potential sources/ suppliers for a product or service? Use examples in your discussion.

2. Compare and contrast the use of a single source versus the use of more than one source for a single product or service. What are the advantages and disadvantages of each approach?

3. What is meant by Level 1, Level 2, and Level 3 with respect to supplier selection criteria?

Reference no: EM132201619

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