Chapter 8  Procument and Supply Chain Management

8.1 Learning Objectives (Key points and Emphases) 

Learning Objectives

         After reading this chapter, you will be able to:

• To understand the steps of purchasing.

• To Understand the key terms in theprocessof purchasing.

• Understand the definition of supply chain.

• Describe supply chain management methods.

• Calculate ABC costs.

• Discuss the role each driver plays in creating strategic fit between the supply chain.