3. Principles and Strategies for Establishing Efficient, Effective, and Sustainable Supply Management Operations
This chapter describes the procurement principles and strategies that help properly align an organization’s supply management operations with its supply chain strategies. The key components of a sourcing strategy, the role of supply management in the outsourcing decision, and sustainability are introduced.
After completing this chapter, you should be able to:
Understand supply management principles and strategies.
Describe and define the key components of a sourcing strategy for each of the procurement categories ...