Which of the following is not a principle of strategic sourcing: a - Select supp

Question

Which of the following is not a principle of strategic sourcing:

a - Select suppliers based on lowest purchase price

b - Imbed the required changes in the organization for continuous improvement

c - Develop solutions based on a deep understanding of the supplier's economies and business dyanmics

d - Use differentiated purchasing tactics in order to optimize the economic relationship for both purchaser and suppliers

e - Define the total value of the relationship between purchaser and supplier

a - Select suppliers based on lowest purchase price

b - Imbed the required changes in the organization for continuous improvement

c - Develop solutions based on a deep understanding of the supplier's economies and business dyanmics

d - Use differentiated purchasing tactics in order to optimize the economic relationship for both purchaser and suppliers

e - Define the total value of the relationship between purchaser and supplier

Explanation / Answer

B - as. Strategic resources means. supply chain procurement/resourcing or find best and cheapest way to purchase material but option b deal with organizational improvement that is not a part of strategic resorcing.

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