How to improve the procure-to-pay process

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Reference no: EM133229328

Question - Industrial Purchasing Discussion

Description - Chapter 2 is titled "The Purchasing Process" and includes the following topics:

How to set purchasing objectives.

The roles of strategic supply chain managers.

How to improve the procure-to-pay process.

Purchase orders.

Improving the purchase process.

Discuss how an effective purchasing department can affect a large manufacturer's or retailer's organizational performance.

The purchasing department is becoming involved in purchasing secondary services and noncritical components for a growing number of manufacturers. Why is the role of purchasing expanding for so many organizations today?

The pandemic has led to E-procurement growing at a very rapid pace. What are the key benefits and challenges for buyers and suppliers as organizations move toward increased order management automation?

Please provide an insightful question about improving the purchasing process through technological advances.

Reference no: EM133229328

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