1. Define and tell the differences between a supplier, a distributor and a vendor. 2. In your own words, what does Vendor Managed Inventory (VIM) or Supplier Managed Inventory (SMI) mean?
Develop a structure for the sourcing process that CCC could implement to support a new company wide procurement strategy.
Questions 1. Procurement Process Part A-20 marks Develop a structure for the sourcing process that CCC could implement to support a new company wide procurement strategy. Identify which processes are especially relevant for the diversity of the 3 main product groups; • Concrete. • Steel. • Glass. Part B-20 marks Discuss how the structure and […]