evens the supply of goods and reduce price fluctuations.
It saves money (expenditures).
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it dertermines the purchasing specification (in terms of required quality and quantities)of the goods and services thatv need to be bought.Selecting the bestv possible supplier developing procedurss and routines to be able to do this.Preparing and conducting negotiations with the supplier in order to establish an agreement and to write up the legal contract.
To give small businesses (acting together) the volume purchasing power (negotiating position) to compete with larger businesses in their industry.
Cooperative purchasing organizations are firms that specialize in the purchasing function and provide this service to small businesses.
evens the supply of goods and reduce price fluctuations.
the organisational issues of the purchasing function focus on the purchasing function of an organisation in a decentralisation or centralise manner.
Is a rules and regulation that guide the purchasing personnel on their daily job
No, importance and function are not the same. Importance refers to the significance or value of something, while function refers to the purpose or role that something serves. A function describes what an object does, while importance describes how valuable it is.
Then you dont have to go to the store
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explain the functions of the purchasing department
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it contributes towards society by creating employment opportunities to the member of that particular society increases the standard of living of people by that purchasing power of the people increases there by economic development.. competitive advantage...
importance of circular function