Answer to Question #272028 in Marketing for Thato

Question

Using examples, explain the importance of purchasing and supply in a company like Drip footwear

Answer 1

The importance of purchasing is that it gives materials to the plant, such as drip footwear, without which the wheels of machines cannot move, and effective purchase can accomplish this. It also offers a number of advantages through purchasing and supply management. Manufacturers and retailers rely on supply chain managers to create networks that meet customer service standards while minimizing total cost. Supply chains that are efficient allow a company to be more competitive in the marketplace. Dell's unique computer supply chain technique, for example, entailed building each computer from scratch based on a single client order and then sending it directly to the customer.