Examlex
Dallas is playing an online racing game, and sees an Apple PC pop up on the screen. This is a relatively new strategy called:
Single Sourcing
The procurement strategy of buying a particular type of product or service from only one supplier.
Buyer-supplier Partnerships
Collaborative agreements between companies that purchase goods and services and their suppliers to improve or maintain a certain level of product or service.
Purchasing Organization
An entity within a company responsible for acquiring goods and services needed for business operations.
Supply Management Trends
The emerging patterns and shifts in practices related to procuring, managing, and optimizing an organization's supply chain to enhance efficiency, reduce costs, and improve relationships with suppliers.
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