What are the characteristics of different sourcing arrangements?

Explanation: The characteristics of the different sourcing arrangements are as follows:

• They satisfy the needs of customers or consumers.

• They have adequate inventory management.

• They carry out an appropriate sales process going through each of its stages, such as: obtaining the raw material, producing products, as well as distributing, transporting and delivering them without losing minimum details.

• They provide supplies in the agreed time.

• They take into account factors such as planning, monitoring or control in case of unforeseen cases that may arise during the supply chain.