Elaborate on the purchasing function as part of supply chain

Assignment Help Supply Chain Management

Reference no: EM131921948

Problem

Purchasing is the management of the acquisition process. This includes deciding which suppliers to use, negotiating terms and conditions, etc. It must satisfy the firm's long-term needs and support the firm's capabilities to produce goods and services. Elaborate on the purchasing function as part of supply chain management and its importance.

Reference no: EM131921948

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