Which of the following must the purchasing management process strive for continuously improving?
A) The delivery dates of orders.
B) The price/value ratio in the relationship with suppliers.
C) The number of suppliers.
D) Storage facilities.

Question

Which of the following must the purchasing management process strive for continuously improving? 
A) The delivery dates of orders. 
B) The price/value ratio in the relationship with suppliers. 
C) The number of suppliers. 
D) Storage facilities.

Quizplus · Accepted Answer

The purchasing management process must strive for continuously improving the price/value ratio in the relationship with suppliers. This helps in reducing costs and increasing the overall value to the company. While delivery dates, number of suppliers, and storage facilities are also important, they may not be the primary focus for continuous improvement in the purchasing process.

Which of the Following Must the Purchasing Management Process Strive