Purchasing and supply require measures that reflect its ability to support overall corporate and functional goals, which means a reduced emphasis on pure efficiency measures and greater emphasis on effectiveness measures.

Question

Quizplus · Accepted Answer

Purchasing and supply should be aligned with overall corporate and functional goals, which may prioritize effectiveness over pure efficiency measures. Therefore, measures such as supplier relationship management, cost avoidance, and risk management should be included in purchasing and supply performance evaluation.

Purchasing and Supply Require Measures That Reflect Its Ability to Support