The transformation from reactive and mechanical purchasing to proactive procurement and on to SM,parallels a similar transformation in relationships between buyers and suppliers.

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The statement is true. As purchasing and procurement practices have evolved, so have the relationships between buyers and suppliers. The move from reactive and mechanical purchasing to proactive procurement and strategic sourcing has fostered closer collaboration and partnerships between buyers and suppliers. This has led to more mutually beneficial arrangements and a greater focus on long-term value creation. Similarly, the advent of supplier management has pushed organizations to take a more strategic and holistic view of their supplier relationships, which has further strengthened these partnerships.

The Transformation from Reactive and Mechanical Purchasing to Proactive Procurement