Published on January 29, 2016
For more course tutorials visit www.tutorialrank.com Strategic Advantage. In supply management, one component to explore is how an organization’s supply chain helps to achieve a strategic advantage in the marketplace. What steps/actions would an organization take to determine whether the supply management operation has the appropriate internal competencies to achieve competitive advantage? Respond to at least two of your classmates’ postings. Purchasing and Materials Management. To a great extent, purchasing and materials management is becoming a strategic business function. Explain why this is true. Respond to at least two of your classmates’ postings. Supplier Relationship Management (SMS) System. What is the value to the company and the supplier in developing and implementing a Supplier Relationship Management (SMS) System? How can such a system provide greater efficiency? Describe the value to the organization. Respond to at least two of your classmates’ postings.