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1.) What are the main differences between purchasing and supply management. 2.) Please differentiate between supply chains and value chains. 3.) Please explain the

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1.) What are the main differences between purchasing and supply management. 2.) Please differentiate between supply chains and value chains. 3.) Please explain the concept of Re-Shoring and provide an example. 4.) Please explain the concept of Near-Shoring and provide an example. 5.) Please discuss at least three factors where there is an emphasis on supply chain management. 6.) What are the seven reasons why purchasing is important in an organization. 7.) Why is information and knowledge an important factor when purchasing for an organization. 8.) Please discuss some of the supply chain management activities that take place in an organization and please provide an example. 9.) Please discuss the four enablers of purchasing and supply chain management. 10.) What are the key differences between consumer buyers and organizational buyers.

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