Question

What are the advantages of reactive purchasing in procurement

Answer 1

Answer:

For example, soon after the customer confirms the order, procurement team purchases required material from local suppliers as the lead time is smaller. Thus, it will save storage space, avoiding unnecessary material stocks in factory facility. Another example of reactive purchasing is immediate recruitments.

Answer 2

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For example, soon after the customer confirms the order, procurement team purchases required material from local suppliers as the lead time is smaller. Thus, it will save storage space, avoiding unnecessary material stocks in factory facility. Another example of reactive purchasing is immediate recruitments.