Question: 1 . Why are more top managers recognizing the importance of purchasing / supply management? 2 . What is the difference between purchasing and supply

1. Why are more top managers recognizing the importance of purchasing/supply
management?
2. What is the difference between purchasing and supply management? What is the difference between a supply chain orientation and supply chain management?
3. What is the difference between a supply chain and a value chain?
4. Do you think organizational purchasers should behave like entrepreneurs? Why or
why not?
5. What are some of the factors that might influence how important purchasing is to the
success of an organization?
6. With the expected increase in AI, robotics, and automation, what knowledge and skills
do you feel are required for a purchasing professional?
7. Why does the collective behavior of supply managers have such an impact on economic trends?
8. What impacts will technology have on supply base innovation and risk management,
and will technology allow supply managers to spend more time on these two areas?
9. Discuss the four enablers of purchasing and supply chain excellence.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!