Purchasing strategy and strategic purchasing

Assignment Help Supply Chain Management

Reference no: EM133451

QUESTION 1

For associations to develop a capable purchasing strategy it requires time, patience, and strength of mind to make fundamental changes. It is not easy and will often be met by serious and well-established objections which must be conquer by persuasive arguments couched in terms used by dynamic business people. (PROFITABLE PURCHASING STRATEGIES, Pg 25, 2000)

(a) Make a division among purchasing strategy and strategic purchasing.

b) Inspect what organisations need to do to create an environment in which purchasing is a strategic process.

QUESTION 2

Top managers can devise a detailed strategic plan: but plans are not always put into practice nor are the plans that are put into practice necessarily successful. State some main pitfalls of successful purchasing strategy implementation.

QUESTION 3

Conceptualise strategy and depict the difference between corporate and competitive strategies showing the importance of each of them.

QUESTION 4

World class purchasing is not only about placing orders. Describe purchasing as a strategic function & purpose in an organisation.

QUESTION 5

In today's highly bloodthirsty business environment, organisations must engage into strategic planning. Depict the purchasing strategic planning process in an organisation.

Reference no: EM133451

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