PURCHASING AND SUPPLY
Global Sourcing 220 Longer-Term Supplier Relationships 220 Early Supplier Design Involvement 221 Supplier Development 221 Total Cost of Ownership 221 E-Reverse Auctions 221 Evolving Sourcing Strategies 222 Phase 1: Basic Beginnings 223 Phase 2: Moderate Development 224 Phase 3: Limited Integration 224 Phase 4: Fully Integrated Supply Chains 225
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