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question archive Supply chain management is a more inclusive concept of identifying, acquiring, positioning, accessing and managing the capabilities and resources that an organization requires to achieve its strategic objectives and goals effectively

Supply chain management is a more inclusive concept of identifying, acquiring, positioning, accessing and managing the capabilities and resources that an organization requires to achieve its strategic objectives and goals effectively

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Supply chain management is a more inclusive concept of identifying, acquiring, positioning, accessing and managing the capabilities and resources that an organization requires to achieve its strategic objectives and goals effectively. The “future acquisition” concept requires affixing of long-term responsibilities that have a significant impact on objectives pursued by an organization.

Directions: Describe supply chain management’s five concerns for future acquisition needs - for example, capital equipment acquisition, supplies contract, standard commodity, etc.

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