The new, more strategically-oriented purchasing departments have a mission. Which of the following most accurately describes that mission?
A) approach every purchasing opportunity as means to create interdependency
B) abandon all strategies except for systems selling and buying
C) outsource the supply function
D) seek the best value from fewer and better suppliers
E) make the most profit possible and remain independent of entanglements

Question

Quizplus · Accepted Answer

The mission of the new, more strategically-oriented purchasing departments is to seek the best value from fewer and better suppliers. This approach allows for the creation of long-term relationships and strategic partnerships with suppliers, rather than simply seeking the lowest price for each individual transaction. By focusing on developing strong supplier relationships, purchasing departments can achieve better pricing, improved quality, and better responsiveness from suppliers. This mission also aligns with the broader goals of many organizations, such as reducing supply chain complexity and managing costs more effectively.

The New, More Strategically-Oriented Purchasing Departments Have a Mission