List and discuss (3) three key characteristics of a supply chain? Consider a company redesigning its supply chain network. What are the advantages to having a small number of centrally located warehouses? What are the advantages to having a larger number of warehouses closer to the end customers? Discuss (3) three ways or strategies to reduce lead times within a supply chain and discuss? List (4) four benefits an ERP system has on supply chain management? What is the importance of strategically categorizing a company's spends using models like Kraljic's Supply Matrix? Why is it important for a firm to periodically review its network design? How do a firm's requirements for its network change over time? Why is ABC Analysis so widely used as an inventory control technique? What concepts does it use to set it apart and what other supply chain management function does it associate with? What are the key benefits of maintaining strong supplier relations post contract award? Discuss the advantages of a push-based supply chain? Discuss the advantages of a pull-based supply chain, and provide an example of each? What are (5) five benefits of category management? How does category management change the supply chain management landscape?