What is supplier management? 2. Explain backward vertical integration. What are the advantages of outsourcing compared to backward vertical integration? 3. How can an organization manage its suppliers effectively? 4. Describe the key differences between sole source and single source. 5. Discuss how an organization evaluates suppliers. 6. What are some common criteria used in evaluating a supplier?. What is supplier management? 2. Explain backward vertical integration. What are the advantages of outsourcing compared to backward vertical integration? 3. How can an organization manage its suppliers effectively? 4. Describe the key differences between sole source and single source. 5. Discuss how an organization evaluates suppliers. 6. What are some common criteria used in evaluating a supplier