What is the importance of purchasing?

With the right sourcing of your purchases you will reduce your company's costs, increase its efficiency, increase its competitive advantage, increase its profit and strength in the market.

Purchasing is not about buying of products/services at "best price", the quality, timing, optimization and may other factors are also as important as the price.

Purchasing is a "Master Class"  and important tool that if used in the right and best way will sure leads to company's success and improvement/development.