Why ''supply'' has been more significant than ''purchasing'', Marketing Management

Assignment Help:

Explain why 'Supply' has been described as being more significant than 'Purchasing' for an organisation. 

Purchasing

Purchasing deals with the day-to-day buying of goods. Purchasing concentrates on the goods themselves containing whether they conform to the quality demanded, if they are priced appropriately, and make sure that they are delivered at the time needed to the correct location.

Supply

Supply concentrates on the method of relationships. Supply deals with significant considerations beyond the day-to-day containing:

  • Planning and executing a supply strategy;
  • managing the overall supply process;
  • considering suitability, feasibility and acceptability of outsourcing activities;
  • investigating whether strategic partnerships could be established, and
  • the number of suppliers it should use.

In Reck & Long's terms supply is method by nature.

 


Related Discussions:- Why ''supply'' has been more significant than ''purchasing''

How does green marketing lead to innovation, Question: (a) List and di...

Question: (a) List and discuss with examples the four factors that influence consumer purchase decision. (b) To what extent ‘branding' is important for a product and ho

Quantities methods for preparing advertisement budget, Q. Quantities Method...

Q. Quantities Methods for preparing advertisement budget? Statistical techniques similar to multiple profitability, regressions, and simulation or programming techniques and so

Illustrate the strategy of position on usage, Illustrate the Strategy of Po...

Illustrate the Strategy of Position On Usage? Position on Usage: Position on usage strategy is related to benefit positioning several products are sold onto origin of the

Explain Henry Assael Model of buying decision behaviour alon, Explain Henry...

Explain Henry Assael Model of buying decision behaviour along with the diagram”.

Potential advantages for wv8 of decentralising the cis, WV8 is a large not...

WV8 is a large not for profit (NFP) public sector organisation responsible for organising the operation of publicly financed schools within its region. WV8 receives its income sole

Exam, If a company were to follow a strategy of product adaptation-communic...

If a company were to follow a strategy of product adaptation-communications extension in a foreign market, an example of a product category that would fit this strategy would be __

Short brief on drivers that influence customer behaviour, Question: Q1....

Question: Q1. Name and give a short brief on drivers that influence customer behaviour. Q2. Name and give a short brief on what do consumers want? Q3. Explain in your own

Show the marketing implications, Problem 1: Assume that you are the man...

Problem 1: Assume that you are the manager of front-line customer-service employees in a tourism/hospitality organisation. From this perspective, elaborate on the strategies t

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd