Which action is not necessary implementing SM?

E)   Firms must force their suppliers into world-class compliance

Multiple-choices

A)   Senior management must recognize supply management's critical nature to the firm    

B)   Senior management must support the required transformation of supply management to world-class  

C)   Firms must know where they are in relation to where they want to be  

D)   Firms must benchmark best-in-class practices and develop metrics

E)   Firms must force their suppliers into world-class compliance

Explanation:

Supply management is concerned with identifying, acquiring, and managing resources and suppliers essential to an organization's operations. SM activities include buying physical goods and services or any other resource that facilitate a company's operations.

Successful implementation of Supply management reduced the cost of doing business. A company that procures quality materials and competitive rates gains a competitive advantage over competitors without lowering its prices. Forcing suppliers into world-class compliance is not necessary for a company that desires to implement efficient supply management.

answer; trojan horse;