Strategic Sourcing, Supply Management & Outsourcing

procurement process

Alibaba - RTQ, get samples

vertical integration - McDonalds farm, M&A

collaboration vs. competition

Discovery box - samples

Beauty box

Developing IP - ocado

Total cost of ownership

cooperative - pricing power, mixing product of different quality levels, overall quality goes down

Revenue sharing contracts

Dual supply - base demand to cost-efficient supplier, volatile demand to responsive supplier.