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Briefly discuss any five reasons for the increasing importance of the purchasing and supply function in relation to Toyota South Africa.

Briefly discuss any five reasons for the increasing importance of the purchasing and supply function in relation to Toyota South Africa.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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source: (http://www.engineeringnews.co.za/article/toyota-shares-800-localisation-opportunitieswith-south-african-suppliers-2018-06-29)

The purchasing and supply function is imperative to the success of a business. These two functions, if managed effectively, can lead to various advantages for a firm, giving the firm a
competitive advantage.


Briefly discuss any five reasons for the increasing importance of the purchasing and supply
function in relation to Toyota South Africa.

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