The procurement cycle occurs at the
A) customer/retailer interface.
B) retailer/distributor interface.
C) distributor/manufacturer interface.
D) manufacturer/supplier interface.
E) none of the above

Question

Quizplus · Accepted Answer

The procurement cycle refers to the process of acquiring goods or services from a supplier, which takes place at the manufacturer/supplier interface. Therefore, D is the correct answer.

The Procurement Cycle Occurs at the