Question: Purchasing is recognized as having an overwhelming impact on the bottom line of the organization. It has a direct impact on the two forces that
Purchasing is recognized as having an overwhelming impact on the bottom line of the organization. It has a direct impact on the two forces that drive the bottom line: sales and costs." Organizations can reduce costs, optimize resources, and ensure that the right supplies are obtained at the right time by implementing procurement strategies. A few examples would be improving supplier relationships, sourcing globally, and researching supplier markets
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