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10. The Benefit(s) of outsourcing is/are: Economies of scale Risk Pooling Reduced (shared)
capital investments Allows a focus on core competencies Increased flexibility All of the above
11. The major challenge(s) in Supply Chain Managem Matching supply and demand. Supplying
/ managing inventory from vendors. Forecasting Demand uncertainty. Risk (outsourcing, lean,
etc.) All of the above 12. Why are supply contracts important?

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