Purchasing and Supply Chain Management
6th Edition
ISBN: 9781285869681
Author: Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher: Cengage Learning
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Question
Chapter 10, Problem 5DQ
Summary Introduction
To explain: The advantages of establishing an international purchasing office and the services provided by the office.
Worldwide sourcing:
It is the seeking of goods and services beyond the borders of a region. It the process where organizations look for the most cost-efficient place globally to manufacture their goods. Most organizations choose a global sourcing strategy as the costs are usually lower abroad.
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what are the advantages of establishing an international purchasing office? what services would such an office provide?
Explain are the advantages of establishing an international purchasing office? provide and explain at least 3 advantages. Explain at least 4 of the services these offices provide.
Procurement-
1)The summary reason for using a global supplier is that better value is perceived to be available from them vs from a domestic source.
True
False
2)A global supply management arrangement where you put an office in a country where you buy but don't otherwise have a presence is called a _____________?
Chapter 10 Solutions
Purchasing and Supply Chain Management
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Similar questions
- What are the six standard export documents? For each standard export document, who prepares it, who receives it, and what purpose does it serve? What common information do many standard export documents share? Besides the six standard export documents, identify five other export documents. Under what circumstances might these other export documents be required? For each other export document, who prepares it and what purpose does it serve?arrow_forwardWhat is the two specific strategies that are available to minimize the duty assessment you will pay on the intermediate and finished goods to export them?arrow_forwardResearch the job of a global sourcing manager and describe the job duties, travel requirements, and skill set.arrow_forward
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