Question: Purchasing and Profit Leverage Due by Day 7 . As discussed in our reading this week, on average 50% of sales revenue is used for:

Purchasing and Profit Leverage Due by Day 7. As discussed in our reading this week, on average 50% of sales revenue is used for:

Raw materials
Components
Supplies

In a three to four, Discuss how purchasing effects overall profit. Your paper should include the objectives and functions of purchasing, the purchasing cycle, selecting suppliers, and determining the right price, issuing a purchase order, and delivery procedures.

COURSE: PURCHASING

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