Purchasing will play a lesser role in time-based competition because of its inability to affect time-related processes and activities.

Question

Quizplus · Accepted Answer

Purchasing can play a significant role in time-based competition as it can impact the time-related processes and activities by ensuring timely delivery of materials, negotiating quicker lead times, and improving supplier relationships. Effective purchasing strategies can help organizations reduce their cycle times, speed up product development, and improve their overall competitiveness in fast-paced markets.

Purchasing Will Play a Lesser Role in Time-Based Competition Because