Discuss the interface between Purchasing and Supply Management and Logistics Management – specifically with respect to selection of a third party logistics provider, analysis of the total cost of ownership, use of e-procurement capability, integration of the transportation (in-coming and out-going) spend, and management of just-in-time inventory control. How do Purchasing and Supply Management and Logistics Management “fit” within the framework of distribution management – particularly control of in-process and finished goods inventory? What is the role of Purchasing and Supply Management and Logistics Management professionals in the implementation of a supply chain management strategy?

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The interface between Purchasing and Supply Management and Logistics Management is crucial for efficient and effective supply chain management These two functions work closely together to ensure the s... View the full answer