Question: What is the most important tactic that purchasing should use to meet the material and support needs of its internal customers? Provide an uninterrupted flow

What is the most important tactic that purchasing should use to meet the material and support needs of its internal customers?
Provide an uninterrupted flow of the appropriate quality materials and services.
Buy from suppliers that are geographically close to the location of internal customers.
Find the lowest possible price through low-cost country sourcing.
Minimize the number of suppliers in the supplier pool.
Automate the purchasing process with the suppliers.
What is the most important tactic that purchasing should use to

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!

Q:

Referring to the below case study, Answer the following questions. Each question carries 12 Marks. 1. Who are the stakeholders that may directly or indirectly affect the decision making of...

Q:

VCI/Ellison, which represents the consolidation of the heavy transportation equipment units of two previously separate and regional companies, is facing worldwide pricing pressures from customers and...

Q:

a) How much profit does ML make on the sale of fasteners and the sale of attaching machines. Show these separately. Hint: Go through the case facts (look in pages 2 and 3) to identify what the...

Q:

What is the best tactic purchasing can use in order to meet the material and support needs of its internal customers? What is the best tactic purchasing can use in order to meet the material and...

Q:

MRKT 310 Principles of Marketing Strategic Marketing & Value for the Customer Please use the service offering below; Lyft PRODUCT CHOICE & CONTENT Your focus will be on the domestic, or U.S....

Q:

Kindly provide answer and supporting workings for Qn 1b & Qn 3a,3b for ACC217. ACC217 Accounting Information Systems Assignment 2 - Group-based Assignment January 2017 Presentation ACC217 Assignment...

Q:

BSBLDR411 - DEMONSTRATE LEADERSHIP IN THE WORKPLACE Section 1: Prep are to demonstrate leadership CASE STUDY Case Study - WORLDUCATION Worlducation is a social startup that manufactures tablet...

Q:

Read Chapter 4 below Write a short summary to describe the basic 9 steps in the supply process. NOTE: FINAL ANSWER must be a minimum of 300 words. Chapter 4 Supply Processes and Technology Key...

Q:

Principles of Marketing Case Study GREEN CHILLYZ: REDEFINING MARKET BOUND Write in continuous prose i.e. do not differentiate between questions while answering. Your response to this assignment...

Q:

Case study: Purchasing and Supply in Toyotas Supply Chain In a manufacturing and assemblytype organisation such as Toyota, the organisational functions (purchasing, production, marketing, finances,...

Q:

Lance Products, Inc., makes all sales on account. Selena Camp, accountant for the company, receives and opens incoming mail. Company procedure requires Camp to separate customer checks from the...

Q:

Theo Harris earns $55000 a year and has $9000 to invest in a portfolio. His investment alternatives and their expected returns are shown in the table at the top of the next column. Investment...

Q:

code class = "asciimath" > 2 - Find I _ ( 1 ) , I _ ( 2 ) , I _ ( 3 ) , I _ ( 4 ) , I _ ( 5 ) &I _ ( 6 )

Q:

Assume it is Monday, May 1, the first business day of the month, and you have just been hired as the accountant for Colo Company, which operates with monthly accounting periods. All of the companys...