True/False
.Phase 2. Organizational Development
This phase involves development of sourcing strategies; setting of clearly outlined areas to cut costs and improve profitability; establishment of a sourcing control system based on frequent analysis and systematic approach; formulation of incentive programs; and provisions for training by taking advantage of local ISM seminars and in-house sessions on how to establish purchasing monitoring systems.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: Phase 1. Sourcing Audit<br>The sourcing audit is
Q7: The cost per unit of material depends
Q8: The supply chain relationship pegging system consists
Q9: Phase 4. In-House Training Sessionslasses should be
Q10: Purchasing decisions or actions that constitute purchasing
Q12: ompanies participate in a variety of supplier
Q13: Purchasing can give the firm advantages over
Q14: s inventory levels are reduced throughout the
Q15: firm competing on _ must give high
Q16: Suppliers with _ and who are reliable