Purchasing organizations & buing behaviour

9 important questions on Purchasing organizations & buing behaviour

How can Value be added and costs be reduced according to the Purchasing Analysis?

1. Classification: what are you buying?
2. Type of purchasing: what kind of purchases?
3. Role of purchasing department in organization: who is in charge, who decides, who signs contracts

What is meant with supplementary materials?

Materials that are not absobed phsyically in the end product

What is meant with the investment goods or capital equipment?

Products that are not consumed immediatel but which purchasing value is depreciated over a period of time
  • Higher grades + faster learning
  • Never study anything twice
  • 100% sure, 100% understanding
Discover Study Smart

What are the 3 types of purchasing?

1. Repetitive purchasing or straight rebuy
2. Changed or modified purchasing: same supplier, new product/new supplier, same product
3. new purchasing situation: high degree of uncertainty

On what does the role of the purchasing department depend on?

1. Sort of product: complexity VS. commercial value
2. Sort of organization: size, culture, spend control methods

What are characteristics of products with a low complexity?

-Standard product
- Existing product
-Purchased earlier
-Easy to install
-No service required

What are characteristics of products with a high complexity?

-Differentiated product
-New product
-First purchase
-Specialized installation
-Service required

What are characteristics of products with a low commercial value?

-Small investment
-small order
-Short-term commitment
-Small impact on profitability
-Effect is predictable

What are characteristics of products with a high commercial value?

-Large investment
-Large order
-Long term commitement
-Large impact on profit
-Effect difficult to predict

The question on the page originate from the summary of the following study material:

  • A unique study and practice tool
  • Never study anything twice again
  • Get the grades you hope for
  • 100% sure, 100% understanding
Remember faster, study better. Scientifically proven.
Trustpilot Logo