Podcast
Questions and Answers
What is the main difference between tactical and strategic sourcing?
What is the main difference between tactical and strategic sourcing?
- Tactical sourcing involves long-term decisions, while strategic sourcing involves short-term adaptive decisions.
- Tactical sourcing deals with globalization, while strategic sourcing deals with partnership sourcing.
- Tactical sourcing is concerned with high-profit items, while strategic sourcing deals with non-critical items.
- Tactical sourcing focuses on lower-level decisions, while strategic sourcing is about top-level decisions. (correct)
Which type of sourcing is concerned with high-profit, high supply risk strategic items?
Which type of sourcing is concerned with high-profit, high supply risk strategic items?
- Tactical Sourcing
- Operational Sourcing
- Mutual Sourcing
- Strategic Sourcing (correct)
In what conditions might a tactical sourcing decision be tactically reversed?
In what conditions might a tactical sourcing decision be tactically reversed?
- When dealing with low-profit items
- When deciding on partnership sourcing
- In conditions of supplier failure or work shortage (correct)
- When making long-term purchasing policies
What is a key aspect of strategic sourcing that is not typically associated with tactical sourcing?
What is a key aspect of strategic sourcing that is not typically associated with tactical sourcing?
Which type of sourcing is concerned with short-term adaptive decisions?
Which type of sourcing is concerned with short-term adaptive decisions?
What aspect of sourcing does strategic sourcing consider that tactical sourcing does not?
What aspect of sourcing does strategic sourcing consider that tactical sourcing does not?
What is the main difference between transactional sourcing and strategic sourcing?
What is the main difference between transactional sourcing and strategic sourcing?
What is the key factor that determines whether tactical or strategic sourcing applies in a particular situation?
What is the key factor that determines whether tactical or strategic sourcing applies in a particular situation?
What is the role of internal customers in the sourcing process?
What is the role of internal customers in the sourcing process?
What is the purpose of conducting market analysis in the sourcing process?
What is the purpose of conducting market analysis in the sourcing process?
What are the three types of purchase, listed from least time and complexity to most time and complexity?
What are the three types of purchase, listed from least time and complexity to most time and complexity?
At which stage of the step-by-step sourcing process does internal customer involvement usually drop?
At which stage of the step-by-step sourcing process does internal customer involvement usually drop?
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