Mercer University Purchasing Material Management Essay

Question Description

Define the term AND provide a real world example for each of the following 9 terms below. The terms are in reference to purchasing and supply chain management.

1. cost of quality, 2.Deming’s 4 Points, 3.ISO 9001:2008, 4. kaizen, 5. process capability, 6. quality at the source, 7.Six Sigma, 8. supplier quality, 9. supply base rationalization or optimization

Text Book with terms: Purchasing and Supply Chain Management 6th edition Monczka, Handfield, Patterson.

Written in a paper format, double spaced, times new roman 12 pt. -Must be at least 800 words.

4 credible references in APA format!!! (The website link must be included). See Example below:

-Jusko, J. (2011). How to Build a Better PartnerRelationship. Retrieved from https://www.industryweek.com/the-economy/article/21934785/how-to-build-a-better-supplier-partnership

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