␡
- Learning Objectives
- Introduction and History of Purchasing
- Why Is Purchasing Important?
- How Can the Appropriate Relationships with Suppliers Create Value?
- Purchasing and Supply Management and Return on Investment (ROI)
- Purchasing and Information Technology (IT)
- The Purchasing Process
- Strategic and Tactical Roles of Purchasing
- Types of Purchases
- Conclusion and Chapter Wrap-Up
- Key Terms
< Back
Page 11 of 11
This chapter is from the book
Key Terms
- Purchasing
- Supply chain management
- Procurement
- Strategic sourcing
- Price
- Total cost of ownership
- Life-cycle cost
- Outsourcing
- Offshoring
- Supplier development
- Core competency
- Procure to pay
- Span of control
< Back
Page 11 of 11