The primary objective of the purchasing function is to:

Question

Quizplus · Accepted Answer

The primary objective of the purchasing function is to acquire enough stock to ensure uninterrupted sales or production. This means that the purchasing department must ensure that the right quantity of goods is available at the right time, at the right price, and from the right suppliers to ensure that operations can continue without interruption. While turnover, price, and cost control are important considerations, ensuring continuity of supply is the primary objective. Maximizing carrying and set-up costs would be counterproductive to achieving this goal.

The Primary Objective of the Purchasing Function Is To