One of the major trends affecting purchasing is supply chain management.

Name: One of the major trends affecting purchasing is supply chain management.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Supply chain management involves the coordination and optimization of all activities involved in the sourcing, manufacturing, and delivery of products and services to customers. It has a significant impact on the purchasing function as it involves working closely with suppliers to ensure timely and cost-effective procurement of goods and services.

One of the Major Trends Affecting Purchasing Is Supply Chain