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key role of the purchasing system as an integrate part of the overall development of organisational strategy

Question

Demonstrate your understanding of the key role of the purchasing system as an integrate part of the overall development of organisational strategy

You will need to:  
•    Explain how procurement systems are specified, designed and integrated
•    Describe commercial issues arising from organisational business plans and their impact on the purchasing function
•    Identify the objectives of purchasing operations and explain how these support strategic organisational objectives

Summary

The question belongs to Operations Management and it is about Purchasing Development. In this question, procurement systems are specified, designed and integrated. With supply chain management taking a major position in most organizations, it is absolutely necessary to make the purchase plan one of the strategic objectives in the organization.

Total Word Count 374

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