33:799:301 Study Guide - Single Source Publishing, Fixed Cost, Federal Acquisition Regulation
3 Nov 2013
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Document Summary
In the context of supply chain management, the acts of obtaining raw materials, services, maintenance, repair and operating supplies for money can all be defined as purchasing. In the context of supply chain management, the acts of obtaining raw materials, services, maintenance, repair and operating supplies for money can all be defined as integration. Industrial supply chain member buyers purchase their merchandise in volume to take advantage of quantity discounts, transportation economy, and storage efficiency, and then they create value through services like consolidating merchandise or break bulking. Pts: 1: merchant supply chain member buyers purchase their merchandise in volume to take advantage of quantity discounts, transportation economy, and storage efficiency, and then they create value through services like consolidating merchandise or break bulking. Pts: 1: the goal of a good purchasing system is to ensure efficient information transitions between the materials users, the purchasing personnel, and the suppliers.
