Strategic sourcing and supplier relationship management

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Reference no: EM132169389

1. You will be assigned a mentor as you begin a new position. Prior to your first meeting you need to make a list of what you believe are the top 5 areas where you need development. List the five areas where you most need development and explain why.

2. In your initial post, suppose that you are a purchasing manager with a small or mid-sized company. You have been asked to transition the company from traditional/transactional purchasing to strategic sourcing and supplier relationship management.

How would you begin this process? Once implemented, what competitive advantage does strategic sourcing give your organization over its competitors?

Reference no: EM132169389

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