decentralized procurement organization with no corporate role - ANSWER-
decentralized
, purchase of products or services at the right place, delivered at the right time,
of the right quality, in the right quantity, from the right source - ANSWER-
procurement
cost reductions increase _ - ANSWER-margin
procurement is a (primary/support) activity - ANSWER-support
lead times _, _ and _ the amount of time it takes for the product to arrive -
ANSWER-stabilize, reduce, ensure
decentralized sourcing, but center led strategy, voluntary commodity strategy
collaboration across BU - ANSWER-coordinated
decentralized transactions, but center led strategy and sourcing control -
ANSWER-hybrid
central procurement organization for all commodities with a single upward
reporting structure - ANSWER-centralized
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller trustednurse. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $25.99. You're not tied to anything after your purchase.