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SNHU Strategic Sourcing and Supplier Relationship Management Homework

SNHU Strategic Sourcing and Supplier Relationship Management Homework

Question Description

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?

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