Question

To emphasis on price alone will misdirect procurement managers to the point where they may endanger the survival of the business. Briefly discuss reasons to support this statements.

Answer 1

Answer:

read more time to make sure your choice is perfect

Answer 2

Emphasis On price

Explanation:

• While Procurement is more than simply buying things and services; it's also about ensuring that operations run as smoothly as possible all year long.

• This include defining needs, conducting market research, assessing vendors, negotiating contracts, and managing risk.

• It opens up a slew of opportunities for procurement professionals to actively offer value to their organisations.

• This frequently implies that a number of possibilities to improve efficiency and production have been missed.

• Through Supplier performance and compliance with CSR rules, such as those pertaining to sustainability, health and safety, and the environment, are improved via collaboration between the parties.