Business Operation and Management
The purpose of this assignment is to analysis the three aspects of the purchasing operations and management, which is:i. Selecting suppliers and evaluating the purchasing system, ii. Purchasing cost, and iii. Using of the information and communication technologies (ICT).The definition of the purchasing management is that all the activities which related to buy in goods. Thus, the purchasing department have to ensure all the inventories and goods need to replenished and keep in stock in order that the business could be operated as usual. The purchasing department also has the responsibilities to control the purchasing cost of goods ordered, inventory order and build up the strong relationships with suppliers.
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