Rutgers Class #3 26 January 2011 (rev Jan 31)

Rutgers Class #3 26 January 2011 (rev Jan 31) - 1|P a g e...

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1  |  P a g e 26 January 2011  (rev Jan 31) Review of Chapter 2 (pages 35-57).   Any Questions? 1. Single-Source versus Multiple Sourcing 2. Total Cost of Ownership (especially the difference between price and cost) 3. Global Procurement 4. Part 2: How to select suppliers:  Vendor Competency, Vendor Assurance, Vendor  Incentive Programs. The concept of a balanced scorecard for suppliers.   Supplier Categorization.  Use of the 4-Box quadrant too.    Page 58:  Single-Source Suppliers  (leverage, transparency, control)   Mid-Term  Exam Page 59:  Multiple-Source Suppliers  (competition, shared learnings, risk mgt) 
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Rutgers Class #3 26 January 2011 (rev Jan 31) - 1|P a g e...

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