Course Title:- Purchasing

Q1.

As the chief of purchasing in a giant retailer company, you always heard some people comment that supply is taking profit instead of making a profit because it spends organizational resources. What do you think about this statement, do you agree? Use an example to illustrate your answer

Q2:

The petroleum and coal products industry accounts for 80% of total purchases per sale, while the food industry accounts for about 60%. Explain what these numbers mean. What does this number mean for supply managers at companies in these industries?

Q3:

Why does the company need to build the corporate objectives? What are they? As a newly hired supply chain manager, what are your supply objectives? How do you align your goal with the company goal? How do you identify the most difficult obstacles to build a strategic, functional supply chain?