The total purchase sales ratio (the percentage of sales dollars paid out to suppliers) varies little from industry to industry.
True
False
Sustainability initiatives include the effective and efficient capture and disposition of downstream products from customers and the reduction of the impact of the organization's supply chains on the natural environment.
True
False
Supply management has evolved from a transaction-based, tactical function to a process-oriented, strategic function.
True
False
One of the most important steps in achieving the potential of the supply function in a company is elevation of the chief supply officer to executive status.
True
False