Procurement Decisions

• Supplier selection: Where should we source raw materials, components, and sub-assemblies from? (strategic)
• Direct delivery from suppliers: Can intermediate warehouses be eliminated so that materials can be delivered directly into manufacturing plants? (strategic)
• Vendor managed inventories: Should the inventories at the plants be vendor-managed? (strategic)
• Optimal procurement policy: What are the cost and service tradeoffs in alternative procurement strategies? (strategic/tactical)