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Write a 700- to 1050-word paper that defines the similarities and differences of the purchasing strategy you will use at each stage of the Product Life Cycle of your company's specific product.
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PURCHASING STRATEGY / TUTORIALOUTLET DOT COM Purchasing strategy FOR MORE CLASSES VISIT www.tutorialoutlet.com Write a 700- to 1050-word paper that defines the similarities and differences of the purchasing strategy you will use at each stage of the Product Life Cycle of your company's specific product. Identify a company or industry that you are either familiar with or one that you would like to become more familiar with. As a purchasing professional of the chosen company or industry, identify a purchased material or component that is used to produce a specific product. Analyze how your purchasing strategies of this material or component will change depending on the different stages of the Product Life Cycle: Introduction, Growth, Maturity, and Decline. To perform this analysis consider the following questions: Where does the purchased material or component fall in the Product Life Cycle? Is this a new technology or has this material or component matured within its market?
