The overall cycle times of the purchasing process have reduced as a result of:
A) the decreased use of supply chain management.
B) the increased use of information technology.
C) the decreased interdependency between buyers and sellers.
D) an increase in traditional purchasing practices such as direct purchase.
E) a reduction in postpurchase services.

Question

Quizplus · Accepted Answer

The increased use of information technology has significantly streamlined the purchasing process, making it faster and more efficient by automating many steps that were previously manual, thus reducing overall cycle times.

The Overall Cycle Times of the Purchasing Process Have Reduced