1. Describe and discuss the differences and relationships between purchasing, procurement, and
strategic sourcing. How have these concepts evolved?
Answer: As a result, the topics of purchasing, procurement, and strategic sourcing
The proposals address environmental and economic concerns by reclaiming equipment that would otherwise be put in landfills and by providing customers with reasonable priced equipment. The proposal to expand reverse supply chain could potentially lead to m
1. What are Incoterms, and what terms of sale decisions do they help to clarify? International terms of sale are covered by International Commercial Terms (Incoterms). International transactions often present greater challenges, and parties to the transac
1. Explain how order management and customer service are related.
How an organization receives an order (electronically versus manually), how it
fills an order (inventory policy and number and location of warehouses), and how it