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AutoTextList \s NoStyle \t "Please enter the title of your essay here. Remember that all major words should begin with a capital letter. Also do notbold, underline, or italicize your title."Case 11-3 BudgetAutoTextList\s NoStyle \t "Please type in your first and last name"Tara JohnsonAutoTextList \s NoStyle \t "Type in your name name and number and then give the course title. For example, ENG 121: English Composition I"INF 336 Project ProcurementAutoTextList \s NoStyle \t "Enter your instructor's first and last name here. For example, Prof. Emily Nye"Abbie BellerAutoTextList \s NoStyle \t "Enter the date you will submit this assignment. The date should go Month Day, Year. For example: January 2, 2014"December 11, 2017 Case 3-11 BudgetOrganizationsgo through many changes within the organization due to outsourcing, eBusiness and with the increase of globalization. Supply management and purchasing are considered hair raisers in any company and it is a major concern for the purchasing manager who must maintain and adhere to a budget. Service focused businesses are beginning to dominate major economies. When a company is marketing a product, it is their job to ensure that the product iscompelling, the companyalsoneeds to have the manpower to handle the workload of producing the product at an attractive price.Companies must recognize purchasing as supply management if they are going to remain competitive. In market transactions the price of the goods or service is determined by supply and demand in the market.Tocreate aprofit,the purchase price should be lower than the selling price. When we look at the example ofCase 3-11 Carmichael Corporation, they needed the product MS-7 but would it be worth it in the end to purchase it? The price of the MS-7 had greatly increased and that could cut into the company'sprofitability. At this point, they canconsiderother products that are cheaper but produce the same results. This is where strategic cost management comes into play. When a companyunderstandcosts that support their strategic position and which costs have either no impact or weakens it, the goal isto reduce the total costs while improving the strategic position of the business. Before Amanda Tellford, of the Carmichael Corporation decides to cut corners she needs to understand that cost is a strategic issue and should be looked at in the long term. She really needs to get a better understanding ofhersuppliers and their business and somehow help them toimprove their processes and with the end goal of loweringthe company's costs.Her business and the product that they market are unique.Since Brisson is planning to corner the market, I feel that she probably will be better off if she joined forces with Brisson. The MS-7 that her company needs will be made locally within the US and even though the price might be higher than what she's used to the product turn around should be quicker. It is not in the best interest for her company to try to manufacture the product themselves because they don't know how well the product will do in the future months. So, let Brisson make the initial investment and as the market grows and gets stable then the Carmichael Corporation can make and manufacture their own MS-7. But, on the other hand if everything busts and it's a failure they are not out of any money. She needs to keep in mind the learning curve and man hours that it will take to manufacture the MS-7 and to make a huge investment like that when you are not sure is notbusiness smart. The companyshould all concentrate on the need to provide the best products to their customers as a wayof beating or remainingcompetitivein the market rather than over concentrating on what other companies are doing (Weele, 2010).Amanda will waste precious time and resources worrying over things that can't be changed. Deliver a superior product and have good service and the customers will come. Even if