As a purchase manager you are dealing with different suppliers. Your company is working on a new product and the R&D team has provided a blueprint, but they still need more information before launching the product. They need your input on the blueprint. Briefly answer the following questions.

1. What information can you provide for them?

2. What information do you need from them?

3. How can you incorporate your suppliers in developing the new product?

4. What information about the new product will you put in your MRP or ERP system?

5. If for the new product your supplier has a better inventory management system, what would be your decision?