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Topic III -8-10
Supply professionals often complain that they don’t get enough respect. One of the main reasons for this lack of respect is that supply professionals have not mastered the art of
a. Mitigating risk of selected suppliers
b. Managing external supplier relationships
c. Creating a stable work environment
d. Managing internal customer relationships
e. Maintaining consistency in contracts
Like a well-managed household budget, a _____________ will help you make sure you are getting the best value for your money, time and efforts.
a. Revenue matrix table
b. Cost-value analysis
c. High value chain
d. A systematic spend analysis
e. None of the above
To help your firm compete, you must organize supply management to leverage _______ without losing _______.
a. Profits, capital
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