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State the objectives of an effective purchasing process.
Huggybear001
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5 years ago
State the objectives of an effective purchasing process.
State the objectives of an effective purchasing process.
What will be an ideal response?
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ernurse
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Purchasing has five basic objectives: to purchase the right product from the right source at the right price in the right amount, and at the right time. These objectives drive purchasing activities in large operations with centralized purchasing systems and smaller operations using decentralized purchasing systems.
Managers are responsible for many tasks including identifying and selecting vendors, negotiating prices, ensuring that products of the proper quality and the correct quantities are ordered. Follow-up activities include managing purchase documents and facilitating payment of delivery invoices.
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First and foremost, procurement’s objectives must manage the purchasing process effectively and ...
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Huggybear001
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5 years ago
this is exactly what I needed
Brownr40
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This calls for a celebration
Goku935
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Thank you, thank you, thank you!
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