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Essay Available:
Pages:
1 page/≈275 words
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Level:
APA
Subject:
Management
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Essay
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English (U.S.)
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Topic:

Lean Supply Chain Management Research Assignment Paper (Essay Sample)

Instructions:

Post a complete and thoughtful response
Topic 2: Purchasing transportation services is typically the largest cost component of any product. Discuss how a purchasing agent can reduce this cost while maintaining the desired level of service.

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Content:


Lean Supply Chain
Student's Name
Institution
Lean Supply Chain
Purchasing transportation services accounts for a large part of the product's cost component. It is thus essential that purchasing agents be aware of the ways to reduce the cost without compromising on the quality of service. One of the ways through which a purchasing agent can reduce this cost is through increasing the volume. A higher volume means that the business is able to get better rates. According to Monczka, Handfield, Giunipero, & Patterson (2011), substantial and real cost and service improvement can be achieved with an increased volume of transportation between business units, facilities, and divisions. This allows for purchasing leverage. In addition, with bridging together of outbound traffi

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