a.Give brief answers for the following questions:
- What is purchasing?
- Define the term ‘procurement.’
- What is the importance of procurement in a supply chain?
- Who are qualified suppliers?
- What is e – procurement?
- Outline the main aims of procurement.
- Outline some common manufacturing strategies.
b.Describe the procurement cycle in details.
c.Which approaches are used to monitor the performance of suppliers?
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