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1: Assume you are the Procurement Manager of a pharmaceutical distributor. Currently there is large focus on the procurement department because of the large amount

1: Assume you are the Procurement Manager of a pharmaceutical distributor. Currently there is large focus on the procurement department because of the "large amount of overstocks within the company and high out of stocks on key product items". Using the procurement objectives ; 1. Continuous Supply 2. Minimum Inventory Investments 3. Quality improvement 4. Technology and Innovation 5. Lowest Total Cost Ownership discuss how you would go about resolving these critical issues. NB ! Include relevant practical example for each procurement objectiveto support your answer. NB! INCLUDE REFERENCES

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