Expert answer:Purchasing Strategies

Solved by verified expert:Identify a company or industry that you are either familiar with or one with which you would like to become more familiar. As a purchasing professional of the chosen company or industry, your job is to determine the type of purchasing organizational structure that can effectively manage procurement functions.Write a 700 word paper that makes an argument for either a centralized or decentralized purchasing organization.Analyze how your chosen structure will support the following:Vendor sourcingSupplier cost objectivesSupply chain integration objectivesComply with local, regional, global regulationsDevelopment of overall purchasing competencyMaterial forecasting and schedulingImpact on logistics strategiesFormat your paper consistent with APA guidelines.

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