GCSE Business AQA - The role of procurement

In this resource I have covered the content of GCSE Business AQA - The role of procurement. This resource includes a Power Point.

The following criteria is involved in the resource:

• What is procurement
• Just – in - time (JIT) stock control
• Advantages of JIT
• Disadvantages of JIT
• Just-in-case (JIC) stock control
• Advantages of JIC
• Disadvantages of JIC
• Factors affecting choice of suppliers
• The effect of procurement on the business
• The affects of logistics on a business
• How procurement and logistics have an impact on cost and efficiency?
• The value of having an effective supply chain management
• Benefits to the business of having an effective supply chain

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