Which of the following processes is used to professionalize purchasing for purchasing excellence?
A) Strategic management processes.
B) Operational management processes.
C) Tactical management processes
D) Risk assessments.

Question

Which of the following processes is used to professionalize purchasing for purchasing excellence? 
A) Strategic management processes. 
B) Operational management processes. 
C) Tactical management processes 
D) Risk assessments.

Quizplus · Accepted Answer

Strategic management processes are used to professionalize purchasing for purchasing excellence. These processes involve long-term planning, goal-setting, and performance measurement at the organizational level. They also integrate supply chain management, supplier relationship management, and contract management into the purchasing function to ensure alignment with business objectives. Operational and tactical management processes, while important, are more focused on day-to-day procurement activities and may not necessarily lead to professionalization. Risk assessments are a separate but necessary component of purchasing and supply chain management.

Which of the Following Processes Is Used to Professionalize Purchasing