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Presentation 5

The document discusses language used in purchasing and supply chain management, defining terms like supply chain, extended enterprise, and purchasing. Purchasing is described as both a functional group and activity within organizations, also known as procurement.

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8 views

Presentation 5

The document discusses language used in purchasing and supply chain management, defining terms like supply chain, extended enterprise, and purchasing. Purchasing is described as both a functional group and activity within organizations, also known as procurement.

Uploaded by

YASIR
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Language of Purchasing and SCM

• Are supply chains and value chains the same?


• What is supply chain management?
• What is an extended enterprise?

UCP Business School, The University of Central Punjab Lahore 2


Purchasing
• A functional group (i.e., a formal entity on the organization chart) as
well as a functional activity (i.e., buying goods and services)
• Also known as procurement

UCP Business School, The University of Central Punjab Lahore 3

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