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Need Identification and Commercial Equivalents

a. Why is it preferable to separate need identification and defining commercial equivalents into two separate stages?
b. Why is early supply/supplier important?
c. What are the disadvantages of specifying by performance? What are the advantages?
d. How does a supply professional know that a certain requirement is strategic?

Solution Preview

a. Why is it preferable to separate need identification and defining commercial equivalents into two separate stages?
It is preferable to separate need identification and identifying commercial equivalents into two separate stages because need identification relates to the identification of the requirements. These include information relating to the current situation, problem discovery, solution value, and confirmation of requirements. On the other hand commercial equivalents are the solutions available for the requirements. This includes information relating to available solutions, products/services available, the price of the product/service, and the source of the product/service. If need identification and defining commercial equivalents are separated, both can be easily analyzed, and appropriate commercial equivalents can be matched with needs.

b. Why is early supply/supplier important?
Early supply is ...

Solution Summary

The advantages of early supplier are explained in this response. The answer includes two references.

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