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what are the 10 reasons for global purchasing explain in details the ten reasons and define...

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Operations Management

what are the 10 reasons for global purchasing

explain in details the ten reasons and define globalpurchasing

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Global Purchasing is the practice of buying from the global market for goods and services across geopolitical boundariesGlobal purchasing can be defines as the activity of searching and obtaining goods services and other resources on a possible worldwide scale to comply with the needs of the company and with a view to continuing and enhancing the current competitive position of the company It includes not only the operational task of buying but also the more strategic responsibilities such as supplier development integrating and developing the supplier base and the generation of global purchasing synergiesIt includes all the phases of the period from the preparing of list    See Answer
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