Difference between Purchasing Supply?
Purchasing:
- Concentrates on the day to day buying of goods
- Emphasis is on the price, quality and accurate delivery of goods
- May be viewed as an out of date approach to supply chain management.
Supply:
- A more modern approach dealing with important issues beyond the day to day including:
- Planning and implementing a supply strategy
- Managing the overall supply process
- Considering the appropriateness of outsourcing arrangements
- Investigating whether strategic partnerships could be developed
- The number of suppliers it should use.
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