Just what is this purchasing strategy? What happened to the well tested paper based purchasing process that we are all used to? Developed in conjunction with total organizational strategies and supply partner objectives, effective purchasing strategies can become the means to a competitive supply chain. Evolving from an era after World War II, when many organizations were purely sales-volume driven, to more recent years when the supply chain was identified as a means to reduce costs and add value to the entire buying process, purchasing strategies have had to change with the times. continue reading…
