$$A procurement and supply management function must have a number of enablers in place in order to deploy a$$mode that creates value. Consider the extent to which these enablers manifest themselves in the fashion business.

A local clothing chain called Fashion World hires you. The brand seeks to establish a professional purchasing culture. Create a policy document that incorporates the idea of professional purchasing and present it at the upcoming strategy meeting. The advantages of professional purchasing for the business and the justification for the policy document's establishment must be covered in your policy document. Create a set of precise guidelines for Fashion World's purchasing staff to follow while making purchases. Explain the particular principles that Fashion World's purchasing staff must adhere to when making purchases.

As part of Fashion World's $($Yahya$)$mission to continuously develop, the purchasing manager is thinking about changing suppliers in order to embrace the triple$-$bottomline. Although the company has not experienced any of the difficulties mentioned in the article about its suppliers, it nonetheless wants to make sure that it adheres to social and ethical norms. Abraham, the in$-$house accountant, disagrees with Yahya, stating that "TCO means that it$$s a poor idea to think about ethics in a capitalist economy."

Examine how Fashion World's profitability and sustainability might be affected by a long$-$term shift to more sustainable sourcing, paying particular attention to the positive and negative elements of total cost of ownership $($TCO$)$and the possible advantages of such a change.