Discuss the interface between Purchasing and Supply Management
Question # 00263656
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Updated on: 04/27/2016 12:21 PM Due on: 05/27/2016
Discuss the interface between Purchasing and Supply Management and Logistics Management β specifically with respect to selection of a third party logistics provider, analysis of the total cost of ownership, use of e-procurement capability, integration of the transportation (in-coming and out-going) spend, and management of just-in-time inventory control. How do Purchasing and Supply Management and Logistics Management βfitβ within the framework of distribution management β particularly control of in-process and finished goods inventory? What is the role of Purchasing and Supply Management and Logistics Management professionals in the implementation of a supply chain management strategy?
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Solution: Discuss the interface between Purchasing and Supply Management