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Describe Reck and Long's purchasing development model.
Supply is now accepted as a more fundamental and strategic method when compared to purchasing. Twenty years ago Reck and Long (1988) were prominent in recognizing a coherent purchasing development model. The model describes dissimilar development stages for an organisation's function and reflects the way in which the supply chain is being managed.
Modification of Supply - Aggregate Planning Some of the methods by which we can modify the supply to match the demand are: a.Hiring and Lay off of Employees: As this poli
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R educe inspection cost by acceptance planning In few cases where there are number of methods, available to protect the supplier and the customer from poor quality, it so happ
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