Purchasing Department: defined by the Sticky-Marketing.com monthly magazine |
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A Purchasing Department exists in most organisations and works in the reverse to the sales and marketing department, the purchasing department identifies suitable suppliers, works to reduce the costs of bought in items, to ensure that there are no shortages using tactics like multiple sourcing etc.
See also multiple sourcing 27/10/2004 Use your browser back button or click here to visit the Sales & Marketing Glossary of Terms
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