Strategic Supply Management

Key:  All answers should be on their own pages (2 pages per question), should not exceed two pages per question, and should be typed in doubled space. (For a total of 6 pages) Needs to be in your own words can not restate from citation.

1.    In your own words, please defined the three organizational
      strategies found in supply management departments: centralized,
      decentralized and center-lead.  What are the advantages and 
      disadvantages of each organizational strategy and which strategy do your
      believe has the largest potential advantages for companies today and why?

2.    In your own words, please describe the process by which
        sourcing professionals build a supplier selection pool and then optimize
        (i.e., rationalize) this selection pool for a particular supply contract.  What
        are the risks of supplier rationalization and why are these risks?

3.     In your own words, please describe how companies build a
        supplier scorecard and how this is utilized to differentiate the 
        performance of its supply base?