Myk Laticrete Purchase Officer Interview Questions and Answers

The purpose of activities is to achieve specific goals or objectives through planned actions.

• Activities help in achieving organizational objectives

• They help in improving efficiency and effectiveness

• Activities can include sourcing, negotiating, purchasing, and managing supplier relationships

• They contribute to cost savings and quality improvement

• Activities also involve strategic planning and decision-making

Procurement refers to the process of acquiring goods, services, or works from an external source.

• Procurement involves identifying needs, selecting suppliers, negotiating terms, and managing contracts.

• It aims to obtain the best quality goods or services at the most competitive prices.

• Procurement also includes supplier relationship management and risk management.

• Examples of procurement activities include issuing purchase...read more