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About PSM 205
This document discusses key concepts in purchasing and supply chain management including: 1. It defines purchasing, supply chain management, and procurement, explaining their roles in acquiring goods and services for organizations. 2. It outlines the objectives and processes of purchasing, including the "five rights" of quality, quantity, place, time, and price in meeting organizational needs. 3. It describes the scope and operational objectives of purchasing as well as the main stages of the purchasing process cycle.
Detailed Information
| Author: | ['Victor Boateng'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 25 |
| Language: | English |
| Format: | |
| Price: | FREE |
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