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About P&S Lec 1
This document discusses the challenges of purchasing and supply chain management. It outlines that a supply chain consists of customers, producers, and producers' suppliers. Supply chain management oversees acquiring inputs, production, and delivery to customers. Some challenges for corporate supply include controlling costs, reducing acquisition costs, and relying on fewer suppliers. The role of buyer/planner combines planning and purchasing functions. Major logistics activities include customer service, demand forecasting, inventory management, and transportation. The document also discusses characteristics of an integrated procurement function, opportunities for purchasing contributions, and challenges facing the purchasing profession.
Detailed Information
| Author: | ['nomanashraf'] |
|---|---|
| Publication Year: | 2014 |
| Pages: | 18 |
| Language: | English |
| Format: | |
| Price: | FREE |
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