The new, 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 new mission of more strategically oriented purchasing departments is to seek the best value from fewer and better suppliers. This involves building strategic relationships with suppliers who can provide consistent quality and timely delivery, while also negotiating competitive prices. This approach differs from the traditional focus on cost-cutting and transactional purchasing.

The New, More Strategically Oriented Purchasing Departments Have a Mission