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If Juiced Up wanted to reduce the total cost of its purchased materials, what are some initiatives they might employ across the company and its
If Juiced Up wanted to reduce the total cost of its purchased materials, what are some initiatives they might employ across the company and its supply chain to reduce its costs? Describe three different areas of the supply chain where improvements can be made. (Be creative!) Congratulations! You have been promoted to a senior buyer role in the Food Product Purchasing department of Juiced Up, a premier juicery in the United States. The company is based in Pennsylvania and is known for their use of high-quality ingredients such as fruit concentrates, purees, and flavors in numerous juices and frozen drinks. In your new role, you are tasked with negotiating the annual contracts for certain high-quality ingredients. One of the most highly demanded ingredients are grapes, which can be grown and harvested in a variety of locations around the globe. It is essential for you to secure a supplier quickly because the standing contract for grapes is expiring soon, and without one, you will be unable to guarantee the availability of some top selling products. The demand for grape supply is relatively consistent throughout the year, according to demand planners. When purchasing grapes, you consider many factors to ensure that
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