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Explain the term vender development and vender rating in details

  Purchase management   Explain the term vender development and vender rating in details   Answer the following question. Q1. Explain the term vender development and vender rating in details. Also explain the benefit of vendor rating (10 marks) Q2. What is variety reduction? Explain the areas of variety reduction (10 marks) Q3. Explain the…
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Summarize and Analyze the case Purchase Management   Questions: Q1. Place yourself in the shoes of Roy and prepare a statement for the purchase of the boiler or submitting to the Principal. Q2. Analyze the case and give your comments. Q3. Do you, like the purchase executive, subscribe to the view that employees should not…
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