Among the concepts you have learned, which do you think is most useful to you or your organization? 2) Which concept(s) caused the most confusion in

MT 436 Purdue Global University Purchasing and Vendor Management Discussion

1) Among the concepts you have learned, which do you think is most useful to you or your organization?

2) Which concept(s) caused the most confusion in this unit?

3) Which concept(s) did you wish went into further detail, either because you are interested or because it’s too complex for the coverage it received?

Read the following chapters in your book.

• Chapter 1: “Introduction to Purchasing and Supply Chain Management”
• Chapter 2: “The Purchasing Process”

Chapter 1 provides an introduction to the topic of purchasing and supply management, including a historical overview of the field. Chapter 2 covers the major types of activities and responsibilities that supply managers follow in conducting their duties. Other topics included are: purchasing objectives, purchasing responsibilities, e-procurement and the procure-to-pay process, types of purchases, and purchasing process improvements.