Difference between purchasing and supply management


Problem 1: Explain the difference between purchasing and supply management.

Problem 2: What are some reasons for establishing purchasing policies? Are there any that you believe are more important than others? Why or why not?

Problem 3: Explain the importance of developing purchasing procedure manuals. Are there any downfalls? If so, explain.

Problem 4: How will establishing operating procedures from a Biblical perspective help or hurt an organization's purchasing policies?

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Supply Chain Management: Difference between purchasing and supply management
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