Asked by
Kayla Spaulding
on Nov 30, 2024
Verified
The procurement process for direct materials should primarily focus on
A) improving coordination and visibility with the supplier.
B) decreasing the transaction cost for each order.
C) consolidation of orders to take advantage of economies of scale and quantity discounts.
D) minimizing communication with the supplier.
Direct Materials
Raw materials that are directly incorporated into and can be directly traced back to a finished product in the manufacturing process.
Economies of Scale
Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.
- Absorb the intricacies of the procurement process and its vital impact on the supply chain.
Verified Answer
DG
Learning Objectives
- Absorb the intricacies of the procurement process and its vital impact on the supply chain.
Related questions
Use Figure 15-1 to Answer the Question ...
The Role of Sourcing Planning and Analysis Is ...
The Goal of Procurement Is ...
The Selection of Suppliers,design of Supplier Contracts,product Design Collaboration,procurement of ...
The Procurement Process for Indirect Materials Should Focus on Decreasing ...