Question: Is Purchasing Management something that is dealt with mostly in the US, or is it truly an international industry?
Answer: It is truly an international industry; it has the potential of bringing suppliers from all over the globe to companies that could not otherwise compete in their very competitive industry. With the aid of the internet and other modern technology Purchasing Management has been able to connect suppliers and companies that would not otherwise be aware of each other’s existence. This is why it is important for the Purchasing Management professional to be up to date on new changes in the industry and in the world. The fluctuation of prices for certain commodities means the purchasing professional has to be aware how the pricing is affected in various countries.
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Read More Frequently Asked Purchasing Questions
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