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Inf 336 Final

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The importance of Purchase and Supply management
INF 336
Instructor: Lori Deere

In my time of jobs, I’ve had some experience of dealing with projects, vendors (suppliers) and some of the business. When I worked for Whole Foods, I dealt with different vendors and dabbed in some of the project aspect of the work. In later time, I became the bulk buyer and got more involved. At that time I really didn’t know how vital purchasing and supply management were in business. In an organization, buying supplies and keeping them in order is very important to help the business run correct. For this paper, I’ll discuss the aspects of purchasing and supply management and why it’s important. It will go over some of the important parts with explanation. In the process, I’ll do my best to give examples from my past experiences and other examples. SO that being stated, let’s go into what exactly is purchasing and supply management.
“Supply management is focused on the acquisition process recognizing the supply chain and organizational contexts” (Johnson, P. F., Leenders, M. R., & Flynn, A. E. 2010). Purchasing and supply management is a complex matter that requires more than what most think. It’s stated that there is no easy way to organize the functions of supply, integrate suppliers correctly, and conduct the activities involved. It’s actually more of challenge of anything.
In addition, each organization needs its own unique method. “It is also challenging because every supply decision depends on a large variety of factors, the combination of which may well be unique to a particular organization” (Johnson, P. F., Leenders, M. R., & Flynn, A. E. 2010). Despite this difficulty of dealing with different organizations, it’s still needed part because how important the supplies are for an organization.
“Every organization needs suppliers. No organization can exist

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