1 3. Purchasing The Role of Purchasing in

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>1 3. Purchasing The Role of Purchasing in the Supply Chain. Purchasing activities. 1 3. Purchasing The Role of Purchasing in the Supply Chain. Purchasing activities. The Strategic Role of Purchasing. Supplier Selection and Evaluation. Managing supplier relationships.

>2 1. The Role of Purchasing in the Supply Chain  Figure 1 – 2 1. The Role of Purchasing in the Supply Chain Figure 1 – Supply Chain Management

>3 2. Purchasing activities 3 2. Purchasing activities

>4 4. Supplier Selection and Evaluation  Figure 2 4 4. Supplier Selection and Evaluation Figure 2

>5 Table 1 - Evaluating Suppliers 5 Table 1 - Evaluating Suppliers

>6 5. Managing supplier relationships  Figure 3 – Types of partnerships A partnership 6 5. Managing supplier relationships Figure 3 – Types of partnerships A partnership is a tailored business relationship based on mutual trust, openness, shared risk and shared rewards that yields a competitive advantage, resulting in business performance greater than would be achieved by the firms individually.