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Question: Discuss purchasing the various types of items that are stocked in the Pharmacy Department in terms of HOW the following principals will (or should) affect the procurement process:• The Pareto Principal• The 5 Rights of Procurement• Supply Chain Management within the Department• Supplier Selection & Evaluation (100)
1000 words
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1.Supply chain dynamics can cause excessive costs and poor customer service.
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Supply chain management involves tracking the flow of goods and services from the acquisition of inputs to the delivery of output to the consumers.
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Inventory Management Assignment. Determine the types of inventories these companiescurrently manage and describe their essential inventory characteristics.
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