Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
6th Edition
ISBN: 9781305809789
Author: MONCZKA
Publisher: Cengage
Question
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Chapter 20, Problem 1DQ
Summary Introduction

To determine: The look of future purchasing organization based on the trend described.

Introduction: The future of business is constantly changing and the new technological trends and innovation speeds up the process. Organizations are constantly under pressure to upgrade themselves and proactively thinking about the changing trends in the future. It allows many innovations that rapidly changes the business process.

Expert Solution & Answer
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Explanation of Solution

Look of future purchasing organization based on the trend described:

Based on the trends described, Person X predicts the following changes will take place in future purchasing organization,

  • Integration of strategies of purchase department with supplier will take place as it helps to establish a proper link between purchase and suppliers.
  • In depth and more precise evaluation of purchasing will be done by organization due to increased competition.
  • Customization in purchasing will happen as it provides more flexibility to the organization.

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