Which of the following processes does sourcing or purchasing include?
A)Managing the flow of goods
B)Managing the storage of goods
C)Locating suppliers
D)Converting goods from raw materials to a form demanded by the customer
E)Inventory management

Question

Quizplus · Accepted Answer

Sourcing or purchasing includes locating suppliers.

Answer options A, B, D, and E are not part of the sourcing or purchasing process:
A) Managing the flow of goods is part of logistics and supply chain management. 
B) Managing the storage of goods is part of warehouse management. 
D) Converting goods from raw materials to a form demanded by the customer is part of manufacturing or production. 
E) Inventory management is part of inventory control or stock management.

Which of the Following Processes Does Sourcing or Purchasing Include