A company that has never focused on supply management in the past is now faced...

Vendor: ISM
Product: INTE
Update on: Jul 21, 2025
Questions: 167

ISM INTE Question Answer

A company that has never focused on supply management in the past is now faced with increasing competition from new, innovative products entering its market. As a result, the firm's business strategy includes an increased focus on cost containment. Given this situation, which of the following should the company do FIRST?

Create an executive position for supply management

Standardize global processes

Raise the reporting level of key supply management personnel

Consolidate tactical supply management positions where possible