The objective of the purchasing department is to buy the _______ materials from the ______ supplier at the ______ time and at the ______ price.

Question

Quizplus · Accepted Answer

The objective of the purchasing department is to buy the right materials (which meet the specifications and quality requirements) from the right supplier (who is reliable and meets the company's standards) at the right time (when the materials are needed, not too early or too late) and at the right price (which is fair and competitive, not necessarily the lowest). This holistic approach ensures efficiency, quality, timeliness, and cost-effectiveness.

The Objective of the Purchasing Department Is to Buy the _______