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Describe the key steps involved in the procurement cycle of a manufacturing company.
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- Please identify three source documents in the production cycle and provide a brief description of them.Define the term value chain and briefly discuss the purpose of the supply chain component in a manufacturing organizationSuppose that you are the materials manager in children’s bicycle factory. Please answer the following questions: What are the planes that you will use to achieve best use of the resources that you have in the company? Based on Materials management , put scenarios of the most problems and/or obstacles that you might face and how to solve these problems .