Other important issues? Centralized and decentralized purchasing Decision-making as to making or buying(corecompetency)Supplierrelationship?Supplier selection
Other important issues Centralized and decentralized purchasing Decision-making as to making or buying (core competency) Supplier relationship Supplier selection
Order managementOrdercycle Seller: the time when an order is received from acustomer to when the goods arrive at thecustomer'sreceiving dockBuyer:from whentheorder is sentoutto whenthegoods arereceivedThe shorter and more consistent the ordercycle is, the less inventory is needed by one'scustomers
Order management Order cycle ◼ Seller: the time when an order is received from a customer to when the goods arrive at the customer’s receiving dock. ◼ Buyer: from when the order is sent out to when the goods are received. The shorter and more consistent the order cycle is, the less inventory is needed by one’s customers