answersLogoWhite

0

The primary job of the purchasing department involves making actual purchases for the company. The strength of purchasing departments is often the knowledge of the financial industry. The weakness of the purchasing department is usually the lack of significance of this particular department.

User Avatar

Wiki User

11y ago

What else can I help you with?

Continue Learning about Finance

What are the role of the purchasing department in an organization?

The purchasing department is responsible for buying all the goods and services for the organization.


What is the relationship between purchasing department and finance department?

The purchasing department and finance department have a close relationship within an organization. The purchasing department is responsible for acquiring goods and services needed by the company, while the finance department manages the organization's financial resources. The finance department works closely with the purchasing department to ensure that purchases are within budget, approved, and align with the overall financial goals of the company. Effective communication and collaboration between these departments are essential to maintain financial stability and operational efficiency.


What are the Strengths and weakness of empowerment?

Empowerment is a strength for the individual, as they have a greater confidence in their ability to do a job. It can be a weakness for an organization, as it results in less control over the activities of employees.


What are my Strengths in finance department?

You are a controller of each and every activity in the organization. This is your strength.


Function of purchasing?

The function of purchasing in an organization involves acquiring goods or services from external suppliers to meet the needs of the business. This process includes identifying suppliers, negotiating contracts, placing orders, and managing supplier relationships. Effective purchasing helps ensure that the organization obtains the right quality and quantity of goods or services at the best possible price to support its operations and strategic objectives.

Related Questions

Which is correct Purchasing's Department or Purchasing Department's?

The correct form depends on the context. "Purchasing Department" is typically used to refer to the department itself, while "Purchasing Department's" indicates possession, as in "the Purchasing Department's policies." If you're simply naming the department, use "Purchasing Department." If you're describing something that belongs to the department, use "Purchasing Department's."


What is your strength and weakness in life?

my strength is how to achieve my aim in life and my weakness is how to get there


What is the duration of The Weakness of Strength?

The duration of The Weakness of Strength is 3000.0 seconds.


What is the Roman Latin translation of 'Strength grows out of weakness'?

strength grows from weakness


How can you change these weakness into strength?

I will change these weakness into strength by exercising." " " " " " " "physically fit.


Is love a weakness or strength?

most of the time it is a weakness yes, but because of this weakness from love, it will give you more strength to live a life and look for more love,... "without weakness there's no strength..."


What is the strength and weakness of a unitary political system?

what is the strength and weakness of a unitary political system?


Explain to be stenght and weakness?

how defenata the strength and weakness


Is virtue an antonym of weakness?

Yes, virtue is often considered an antonym of weakness. Virtue refers to qualities like strength, courage, and moral excellence, while weakness indicates a lack of strength or resilience. In this sense, virtue is often seen as the opposite of weakness.


What does the opposite of strength?

Weakness


What is an antonym for strength?

Weakness


What istheopposite of strength?

Weakness