Page 111 - E1 Integrated Workbook STUDENT 2018
P. 111
The purpose of the operations function
Developments in supply chain
management
3.1 Purchasing vs supply
Purchasing Supply
Concentrates on the day to day A more modern approach that views
buying of goods. supply as a strategic issue and a
potential source of competitive
Emphasis is on price, quality and advantage. Includes:
accurate delivery of goods.
planning and implementation of
May be viewed as an out of date supply strategy
approach to supply chain
management. managing the overall supply
process
considering the appropriateness of
outsourcing arrangements
investigating whether strategic
partners could be developed
the number of suppliers to use.
99
