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.
Answers
Answered by
0
Answer:
read more time to make sure your choice is perfect
Answered by
1
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.
Similar questions