Segmenting purchasing according to supply market complexity

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1. Segmenting purchasing according to supply market complexity and importance can make it easier for you to manage.

True False

2. If it is cheaper for a supplier to make something than for you to make it, you should outsource it.

True False

3. One way to be a “customer of choice” to suppliers is to pay them promptly, as promised.

True False

4. Supplier integration and early supplier involvement are just different words for the same activities.

True False

5. You experience a major shortage of raw materials because you did not realize that a new tax announced last year had been levied on producers, and many dropped out of the market. The fact that this took you by surprise means that you did not do a good job in which of the following stages of the strategic sourcing process

a. Plan

b. Source

c. Analyze

d. Procure

e. Any of the above are equally likely

Reference no: EM132234358

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