What are the ways in which a purchasing group can align with its organization’s strategic goals?

What is the standard organization of a purchasing group in product-centered organizations?

How would you describe the organization of a more strategically positioned purchasing group?

Where has emphasis been placed historically on the role and the skills needed for a purchasing manager?

How have the role and supporting skills needed for a strategic purchasing manager changed in recent years and why?

What types of questions do you ask a potential vendor to ensure the right relationship between the two of you and the right fit for your organization?

Even when you have settled on a particular vendor, what are the advantages of establishing relationships with other vendors competing with the one you selected?

What are the benefits of keeping the vendor involved with your business and its evolving needs?

How might a vendor scorecard be an advantage in negotiations? What kind of information would your scorecard contain?

Reflect on the importance of the purchasing function to an organization. How can this function add value that supports the highest levels of strategic planning?

Answer rating: 100% (QA)

Introduction Purchasing products needs some tactics that will enable the buyer to maximize his or her purchases and in the terms and conditions that he wants if possible Vendors will always be looking ... View the full answer