The Purchasing Process Reflective Questions
Based on the class discussion answer the following:
1. In your own words, define purchasing.
2. Explain the impact of effective purchasing on an operation’s cash flow.
3. List and briefly explain five activities for which a purchasing department normally has responsibility.
4. Briefly list and discuss two problems that a purchasing department sometimes has in meeting objectives.
Based on the class discussion answer the following:
1. In your own words, define purchasing.
2. Explain the impact of effective purchasing on an operation’s cash flow.
3. List and briefly explain five activities for which a purchasing department normally has responsibility.
4. Briefly list and discuss two problems that a purchasing department sometimes has in meeting objectives.