supply chain management

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supply chain management

maximizing the effectiveness of the procurement process is a major goal of an organization. what steps can be taken to help ensure that the process is maximized?

APA
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Procurement refers to the capability of a company to acquire the goods and services in need to meet the customers need. The process of procurement involves financing purchases, establishing quality standards, purchasing items, negotiating prices and monitoring inventory level on the basis of reducing wastes. Improving the sourcing strategy and the establishment of effective capabilities to report are some of the elements that guarantee successful supply chain procurement process (Coyle, Langley Jr, Gibson & Novack, 2012). Effective practices deployed by one organization might not be the same of other business……………..
APA
364 Words
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