Final answer:
Three management actions from a procurement perspective that can deliver a competitive advantage and sustainable competitive advantage are implementing strategic sourcing, emphasizing supplier collaboration, and adopting e-procurement systems.
Step-by-step explanation:
1. Implementing strategic sourcing: Strategic sourcing involves analyzing the supply market and developing long-term relationships with suppliers. This helps in obtaining high-quality materials at lower costs, which can give a competitive advantage to a company.
2. Emphasizing supplier collaboration: Building strong relationships with suppliers and working closely with them can lead to better quality products or services. By collaborating with suppliers, a company can gain access to new technologies, faster delivery times, and customized solutions, which can create a sustainable competitive advantage.
3. Adopting e-procurement systems: E-procurement systems automate the procurement process, reducing paperwork and streamlining operations. This can lead to cost savings, improved efficiency, and faster processing times. Companies that adopt e-procurement systems can gain a competitive advantage by effectively managing their procurement activities.