Newer, more strategically oriented purchasing departments have a mission. Which of the following most accurately describes that mission?
A) Make the most profit possible and remain independent of entanglements.
B) Approach every purchasing opportunity as means to create interdependency.
C) Seek the best value from fewer and better suppliers.
D) Outsource the supply function.
E) Abandon all strategies except for systems selling and buying.

Question

Quizplus · Accepted Answer

The mission of newer, more strategically oriented purchasing departments is to seek the best value from fewer and better suppliers. This means that they focus on building strong relationships with a smaller number of suppliers who provide the highest value, rather than spreading their purchasing across many suppliers. This approach allows for increased efficiency and cost savings, as well as better quality and delivery of goods and services.

Newer, More Strategically Oriented Purchasing Departments Have a Mission