Question: Subject: Purchasing and supply chain management. Can you please answer my following question, I want a new answer not like the one you solve it

Subject: Purchasing and supply chain management.
Can you please answer my following question, I want a new answer not like the one you solve it before.
Subject: Purchasing and supply chain management.
Why is having a formal purchasing process important? What are its true benefits? What are the costs associated with it? Should your organization (fraternity, sorority, social club) have one? Why or why not

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