The evolution of the purchasing function

✍ Scribed by R. McIvor; P. Humphreys; E. McAleer

• Publisher: John Wiley and Sons
• Year: 1997
• Tongue: English
• Weight: 173 KB
• Volume: 6
• Category: Article
• ISSN: 1086-1718
• DOI: 10.1002/(sici)1099-1697(199705)6:3<165::aid-jsc247>3.0.co;2-6

✦ Synopsis

An emerging view is that the purchasing function should be on an equal level of importance in the organization with marketing, human resource management, ®nance and the production/ operations functions.

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Purchasing is moving away from the traditional adversarial approach between the buyer and supplier towards collaborative relationships. * * Purchasing plays a key role in corporate strategy through the selection and development of suppliers that support the organization's competitive position. * An understanding of the true cost implications of the purchasing process can make a signi®cant contribution to the achievement of lower costs. * The changing role of the purchasing function has implications for the training and development of the purchasing professional.