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To cut involves removing a portion of a document and storing it in a temporary storage location, called a(n) ____________________.
Strategic Sourcing Process
A method used by organizations to evaluate and engage suppliers with the objective of achieving cost savings, improving quality, and obtaining more favorable terms.
Sourcing Strategy
The approach an organization takes to manage procurement processes and supplier relationships to optimize cost, quality, and supply reliability.
Supplier Selection Criteria
The standards or benchmarks that companies use to evaluate and choose among potential suppliers.
TQM
Total Quality Management; a management approach to long-term success through customer satisfaction, focusing on continuous improvement of organizational processes.
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