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A low-cost fashion retailer based in Europe is looking at adding value in their procurement...

A low-cost fashion retailer based in Europe is looking at adding value in their procurement activities. The retailer buys clothing for re-sale with a very small profit margin applied, relying on volume salesto make profit. Which of the following added-value approaches will be the most critical for the procurement team of the retailer to focus on with their supply chain?

A.

Quality enhancement

B.

Price management

C.

Improving timescales

D.

Reduction of inventory

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