Supply management has evolved from a transaction-based

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Reference no: EM13757257

The total purchase sales ratio (the percentage of sales dollars paid out to suppliers) varies little from industry to industry.

True

False

Sustainability initiatives include the effective and efficient capture and disposition of downstream products from customers and the reduction of the impact of the organization's supply chains on the natural environment.

True

False

Supply management has evolved from a transaction-based, tactical function to a process-oriented, strategic function.

True

False

One of the most important steps in achieving the potential of the supply function in a company is elevation of the chief supply officer to executive status.

True

False

Reference no: EM13757257

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Supply management has evolved from a transaction-based : The total purchase sales ratio (the percentage of sales dollars paid out to suppliers) varies little from industry to industry. Supply management has evolved from a transaction-based, tactical function to a process-oriented, strategic function.

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