␡
- 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
This chapter is from the book
This chapter is from the book
This chapter is from the book
This chapter is from the book
Strategic and Tactical Roles of Purchasing
There are a number of key strategic roles and tactical responsibilities for purchasing embedded in each of the process steps. Purchasing’s “span of control” gives them final authority over certain matters. However, the internal customers (or budget owners) have a strong influence over many important decisions. Some of these key strategic roles and tactical responsibilities for purchasing are listed here. All these are discussed in greater detail in later chapters.
Strategic Roles of a Purchaser
- Spend Analysis
- Demand Management and Specifications (Statement of Work)
- Category Management
- Contract Management
- Cost Management
- Managing and Improving the Procure to Pay Process
- Supplier Relationship Management
- Establish a Supply Management Strategy
Tactical Responsibilities of a Purchaser
- Supplier Identification/Evaluation/Selection
- Forecast and Plan Requirements
- Needs Clarification: Requisitioning
- Purchase Requisitions/Statement of Work
- Review Forecasts and Customer Orders
- Establish a Reorder Point System
- Stock Checks (Cycle Counts)