An important measure that provides input to strategy development and recovery planning. Prices of materials can fluctuate dramatically due to economic health and or exchange rate fluctuations. In extreme unforeseeable circumstances such as shipping strikes or boycotts or losses, effective recovery plans that can be quickly implemented can mean the difference between bankruptcy and staying…

BPIR Categories

5.2.4 Purchase materials & supplies
6.2.4 Purchase materials & supplies

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