Questions:
1. Compare and contrast the methods that organization may take to select and establish close collaborations with a reduced number of supply sources for its strategic suppliers.
2. Mechanisms that need to be put in place to ensure that collaborative arrangements work for the effectiveness of the organization and its suppliers.
3. Describe how you would identify and address the problems and transform the sourcing and procurement process.
4. Discuss the importance of process of setting negotiation objectives for a large procurement contract.