Question: Kindly help with the discussion post The procurement process also needs to have a strategy that focuses on the organization's objectives or goals. It needs

Kindly help with the discussion post

The procurement process also needs to have a strategy that focuses on the organization's objectives or goals. It needs also to aim at aligning to the organizations core and avoids shifting of the organizations image from the suppliers. Thus, it is one that should not be viewed as an administrative function but rather one that have strategic focus. Strategic focus in procurement would increase its efficiency and respond to the change of environment or technological advancement. It would also optimize on profits and reduces on costs and maintains the organizations policies.

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!