The document discusses different perspectives on purchasing and supply chain management. It describes purchasing as a function, process, part of the supply chain, discipline, and profession. It also outlines changes in the business context that have impacted purchasing like globalization, the information society, and changing consumer patterns. Finally, it discusses the objectives and future of purchasing.

1. THE ROLE OF PURCHASING AND SUPPLY CHAIN MANAGEMENT IN BUSINESS WEEK 3

2. PERSPECTIVE ON PURCHASING PURCHASING AS A FUNCTION PURCHASING AS A PROCESS PURCHASING AS A SUPPLY CHAIN PURCHASING AS A DISCIPLINE PURCHASING AS A PROFESSION

3. PERSPECTIVE ON PURCHASING PURCHASING AS A FUNCTION PURCHASING AS A PROCESS PURCHASING AS A SUPPLY CHAIN PURCHASING AS A DISCIPLINE PURCHASING AS A PROFESSION DEFINED AS A UNIT OR DEPARTMENT IN WHICH PEOPLE USE SPECIFIC SKILLS, KNOLEDGE AND RESOURCES TO PERFORM SPECIALED TASK.

4. PERSPECTIVE ON PURCHASING PURCHASING AS A FUNCTION PURCHASING AS A PROCESS PURCHASING AS A SUPPLY CHAIN PURCHASING AS A DISCIPLINE PURCHASING AS A PROFESSION IT IS A SET OF SUBPROCESS STAGES DIRECTED TO ACHIEVING AN OUTPUT.

5. PERSPECTIVE ON PURCHASING PURCHASING AS A FUNCTION PURCHASING AS A PROCESS PURCHASING AS A SUPPLY CHAIN PURCHASING AS A DISCIPLINE PURCHASING AS A PROFESSION IT IS A PART OF ACTIVITIES IN SEQUENCE PROCESS AS PROCUREMENT, PRODUCTION, WAREHOUSING & TRANSPORTATION.

6. PERSPECTIVE ON PURCHASING PURCHASING AS A FUNCTION PURCHASING AS A PROCESS PURCHASING AS A SUPPLY CHAIN PURCHASING AS A DISCIPLINE PURCHASING AS A PROFESSION IT IS THE DEPARTMENT OF KNOWLEDGE. CLEARLY FOCUS ON MATHEMATIC, & ACCOUNTING, ECONOMIC, LAW, OPERATION, ETHIC, INFORMATION TECHNOLOGY & PSYCHOLOGY.

7. PERSPECTIVE ON PURCHASING PURCHASING AS A FUNCTION PURCHASING AS A PROCESS PURCHASING AS A SUPPLY CHAIN PURCHASING AS A DISCIPLINE PURCHASING AS A PROFESSION IT PROVIDE A JOB OPPORTUNITY WITH THE SEQUENCE PROCESS.

8. CHANGES IN THE BUSINESS CONTEXT GLOBALIZATION OF TRADE THE INFORMATION SOCIETY CHANGING CONSUMER PATTERN

9. CHANGES IN THE BUSINESS CONTEXT GLOBALIZATION OF TRADE THE INFORMATION SOCIETY CHANGING CONSUMER PATTERN COMPETITION IN MANY INDUSTRIES EMERGING POSITION OF CHINA AS A LOW COST COUNTRIES. INTERCULTURAL HOMOGENIZATION FORMING TRADE REGIONS (NAFTA & EEC) IMPROVED TRANSPORTATION FACILITIES. NEW TECHNOLOGY IN COMMUNICATION.

10. CHANGES IN THE BUSINESS CONTEXT THE INFORMATION SOCIETY CHANGING CONSUMER PATTERN ECONOMIC VALUE FROM GENERATING, USING, AND SELLING INFORMATION IS GROWING FAST. DETAILED INFORMATION ABOUT BUYING PATTERN & CONSUMER PROFILES IS READY AVAILABLE. ADVANCED RETAIL INFORMATION SYSTEMS ENABLE AN EFFICIENT TRACING AND TRACKING OF GOOD FLOW AND DETAIL ED MONITORING OF SUPPLIER PERFORMANCE.

11. CHANGES IN THE BUSINESS CONTEXT CHANGING CONSUMER PATTERN CUSTOMER ARE DEMANDING QUALITY PRODUCTS. HIGHLY EDUCATED CONSUMERS. CONSUMERS TAKE CHARGE IN PRODUCT & SERVICE.

12. THE CLASSIC DEFINATION “ TO OBTAIN MATERIALS OF THE RIGHT QUALITY IN THE RIGHT QUANTITY FROM THE RIGHT SOURCE, DELIVERED TO THE RIGHT PLACE AT THE RIGHT PRICE”

13. THE CLASSIC DEFINATION PURCHASING AS PROCUREMENT IT IS THE PROCESS OF OBTAINING GOODS OR SERVICES IN ANY WAY INCLUDING BORROWING AND LEASING .

14. THE RELATIONSHIP OF PURCHASING / PROCUMENT/ SUPPLY/ MNAGEMENT ACTIVITIES

15. THE CLASSIC DEFINATION PURCHASING AS AN ORGANISATIONAL BUYING THOSE BUYERS OF GOODS & SERVICES FOR THE SPECIFIC PURPOSE OF INDUSTRIAL OR AGRICULTURAL PRODUCTION.

16. TYPE OF PURCHASING IN BUSINESS PURCHASING FOR RESALE PURCHASING FOR CONVERSION/ CONSUMPTION

17. OBJECTIVE OF PURCHASING “ TO OBTAIN MATERIALS OF THE RIGHT QUALITY IN THE RIGHT QUANTITY FROM THE RIGHT SOURCE, DELIVERED TO THE RIGHT PLACE AT THE RIGHT PRICE”

18. OBJECTIVE OF PURCHASING TO SUPPORT COMPANY OPERATION TO BUY WISELY & COMPETITIVELY TO KEEP INVENTORY INVESTMENT TO DEVELOP EFFECTIVE AND RELIABLE SOURCE OF SUPPLY TO HAVE A GOOD RELATIONSHIPWITH SUPPLIER TO ACHIEVE MAXIMUM INTERGRATION TO HANDLE PURCHASING & SUPPLY MANAGEMENT FUNCTION

19. WORLD CLASS PURCHASING COMMITMENT TO TOTAL QUALITY MANAGEMENT COMMITMENT TO JUST IN TIME COMMITMENT TO TOTAL CYCLE TIME REDUCTION LONG RANGE STRATEGIC SUPPLIER RELATIONSHIP STRATEGIC COST MANAGEMENT PERFORMANCE MEASUREMENT TRAINING AND PREFESIONAL DEVE LOPMENT CORPORATE SOCIAL RESPONSIBILITY SERVICE EXCELLENCE LEARNING MANAGEMENT & LEADERSHIP

20. PURCHASING IN THE FUTURE