LSCM (FINALS)

Question 1

the function responsible for acquiring all the materials needed by an organization.

Answer 1

Purchasing

Question 2

gives a mechanism for initiating and controlling the flow of materials through a supply
chain.

Answer 2

Purchasing

Question 3

is responsible for acquiring all the materials needed by an organization.
It consists of all the related activities needed to get goods, services and any other materials from
suppliers into an organization.

Answer 3

PROCUREMENT