Which of the following is MOST appropriate as a supply management mission statement?
A.
"Supplymanagement's primaryroleisto obtain the lowest cost for goods and services."
B.
"Supplymanagement’s primaryroleisto consider global goods and services."
C.
"Supplymanagement's primaryroleisto manage the cycle from planning to contract management for goods and services."
D.
"Supplymanagement's primaryroleisto obtain goods and services in response to internalneeds."
The Answer Is:
C
This question includes an explanation.
Explanation:
Comprehensive Scope:This mission statement encompasses the full scope of supply management activities, from planning and sourcing to contract management and execution.
Strategic Focus:It highlights the strategic nature of supply management, ensuring that all stages of the supply chain are effectively managed.
Operational Efficiency:Managing the entire cycle supports operational efficiency, cost control, and value creation.
Alignment with Objectives:This mission statement aligns with the broader organizational objectives of optimizing procurement processes and ensuring the availability of goods and services.
References:Best practices in supply chain management emphasize the importance of integrated and holistic management of the supply cycle (APICS Supply Chain Council, CIPS - Chartered Institute of Procurement & Supply).
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