Which of the following best explains 'purchasing's operational contribution'?
A) This is flawless purchasing and business processes that are operated at the lowest possible cost.
B) This refers to the relationship between planned and actual costs.
C) The savings made against budget allocation.
D) The longer term consequences of the activity.

Question

Which of the following best explains 'purchasing's operational contribution'? 
A) This is flawless purchasing and business processes that are operated at the lowest possible cost. 
B) This refers to the relationship between planned and actual costs. 
C) The savings made against budget allocation. 
D) The longer term consequences of the activity.

Quizplus · Accepted Answer

Purchasing's operational contribution refers to the efficient and effective operation of purchasing and business processes at the lowest possible cost. This includes streamlining processes, reducing waste, and optimizing resources to achieve cost savings.

Which of the Following Best Explains 'Purchasing's Operational Contribution