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This document outlines the types of purchases an organization may need to make. It discusses raw materials, semi-finished products and components, finished products, maintenance/repair/operating items, production support items, services, and capital equipment. It also discusses key purchasing functions like product design, specifications, target costing, and supplier selection. Purchasing departments are responsible for strategically sourcing the wide variety of goods and services an organization requires t
- Author
- Pamela Morcilla
- Language
- EN