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Purchasing is a subset of supply management that involves the transactional aspect of acquiring goods and services. Supply management, on the other hand, encompasses a broader perspective that includes sourcing, supplier relationship management, inventory control, and overall strategic management of the supply chain. Effective supply management ensures that purchasing activities align with broader organizational goals and objectives.

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Q: How purchasing relate with supply management?
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Which of the following bullets is not true about the origins of purchasing and supply management?

For supply management to have a strategic focus, supply professionals must have an understanding.


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You may purchase the book "Purchasing and Supply Chain Management" from your local bookstore, such as Chapters or Coles. You may also order it online from Amazon, for the best price.


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