Response must be 200-300 word for each questions with reference
1. How can strategic procurement contribute to the quality of products produced by a manufacturing organization? 200 - 300 word response with reference NO PLAGARISM
2. Explain how logistics performance is crucial to a Just In Time (JIT) philosophy. 200 - 300 word response with reference NO PLAGARISM
Bowersox, Donald J., David J. Closs, M. Bixby Cooper, Supply Chain Logistics Management. 3rd edition, McGraw-Hill Irwin
Strategic procurement is the management of supply chain to control market supply and help to improve productivity according to demand of the customers. Strategic procurement is the development of a true partnership between a company and a supplier for strategic value of products to supply in the market. Procurement is usually long-term single-source in nature and addresses not only the buying of parts, products, or services, but product design and supplier capacity. Strategic procurement helps companies to implement effective purchasing strategies to make cost effective purchasing decisions from a group of vendors along with quality products on time and at agreeable terms (Ochonma, 2015). Strategic procurement process includes activities such as ...
This response outlines the way strategic procurement can contribute to the quality of products produced by a manufacturing organization. Further, it is also explained how logistics performance is crucial to a Just In Time (JIT) philosophy.