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BUS 110 Chapter 13 Notes - Appalachian State University | BUS110 Chapter 13 Notes

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BUS 110 Chapter 13 Notes - Appalachian State University LOG 220 Chapter 13 Study Questions 1-5 1. Purchasing, procurement, and strategic sourcing have a common role in buying products and s... ervices and are sometimes used in a similar way. Although these terms can be interchanged, they are on different levels in the purchasing process. There are different volumes in purchases, supplier relationships, and degree of involvement - - - - - - - - - - - - - -- - -- - 5. The criteria commonly used in the process of the selection of the supplier include the quality, performance history, risk, capabilities, location, and cost. The priority level of the supplier selection factors depend on what the buyer is purchasing. However, cost plays a major role in all aspects of the purchasing process. [Show More]

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