What are the factors involved in developing Supply Chain Management strategies, especially in the successful exercise of supplier selection and evaluation?

Please provide detailed answers.Week 2: Discussion Questions1. What are the factors involved in developing Supply Chain Management strategies, especially in the successful exercise of supplier selection and evaluation?2. How do strategic sourcing strategies impact the selection and evaluation of suppliers?3. Are these factors the same or similar applied to the supplier selection and evaluations in the public and private sectors?4. Please provide detailed answers.Week 2: Discussion Questions1. What are the factors involved in developing Supply Chain Management strategies, especially in the successful exercise of supplier selection and evaluation?2. How do strategic sourcing strategies impact the selection and evaluation of suppliers?3. Are these factors the same or similar applied to the supplier selection and evaluations in the public and private sectors?4. Briefly explain one topic or issue from this week’s material that may benefit you personally or professionally.’