What are some common mistakes in sourcing?
Some common mistakes include not defining clear requirements, failing to evaluate suppliers properly, and neglecting to build relationships.
Can you elaborate on the importance of defining clear requirements?
Defining clear requirements helps ensure that you find suppliers who can meet your specific needs, reducing miscommunication.
What are the consequences of not evaluating suppliers properly?
Not evaluating suppliers can lead to poor quality products, missed deadlines, and ultimately, increased costs for your business.
How can I build better relationships with suppliers?
Building better relationships involves regular communication, understanding their challenges, and collaborating on solutions.
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