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A manufacturing company in your area is experiencing procurement and supply challenges. As CIPS student you...

A manufacturing company in your area is experiencing procurement and supply challenges. As CIPS student you are requested to advise the board members of this organization on the following:


1. Scope and Influence of procurement and supply

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Answer #1

Answer 1
The scope and influence of procurement and supplies are discussed below-
1. Procurement and supplies help in interaction of the various operations in the supply chain process.
2. The supply chain and equipment function of the the organization helps in adjusting the demand and supply process.
3. The scope and influence of recruitment and supply helps in Warehouse operation management in order to to maintain the demand.
4. Procurement and supply help in transparency and accountability towards the organization.
5. Procurement and supply chain helps in implementing the Sourcing strategy.
6. Procurement and supply chain helps in negotiating with the suppliers and winning the bid.
7. It also helps in conducting and survey of the supplier market.

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