Three Major Challenges Exist When Setting Supply Objectives and Strategies

question 17

Multiple Choice

Three major challenges exist when setting supply objectives and strategies:

• A) adopting efficient electronic transaction systems, designing effective strategic supply processes, and increasing internal compliance with both.
• B) effectively interpreting corporate and supply objectives, selecting appropriate actions to achieve objectives, and integrating supply information into organizational strategies.
• C) hiring professionals educated specifically in supply management, providing them with technical expertise, and developing leadership skills for the long-term.
• D) emphasizing strategic cost management, involving key suppliers early in the process, and measuring the reduction in total cost of ownership.
• E) identifying internal stakeholders, building consensus among these stakeholders, and selling top management on the results.

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Definitions:

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A legal document ordering someone to attend court or produce documents relevant to a legal proceeding.