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The activities associated with gaining and maintaining knowledge of the supply market. The purpose is to learn how the market works, who the key suppliers are, what motivates these suppliers, what alternatives are available and what the risks are of sourcing from this market. The analysis focuses on 6 main areas:
This analysis is performed considering aspects such as risk, innovation, and strategic vs arm's length relationships, as defined in Identify Requirements. Denied Party List Commodity Profile
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