Supplier Selection Criteria And Issues docx.

Running head: MANAGEMENT
Purchasing Management
Name of the Student
Name of the University
Author’s Note

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MANAGEMENT
Table of Contents
Introduction................................................................................................................................2
Supplier Selection criteria and issues.........................................................................................2
ICT for purchasing operations...................................................................................................4
Purchasing cost analysis.............................................................................................................5
Conclusion..................................................................................................................................6
References..................................................................................................................................7

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MANAGEMENT
Introduction
Purchasing management is a special kind of management utilizing by any
organization for earning more profit in the process of saving money. Fundamentally, this
management is measured as an important function especially for wholesale distribution as
well as any manufacturing organization (Abdel-Basset et al., 2018). In addition to this, this
purchasing management is considered as the profitable function for the organizations due to
earning of higher range of profit by utilizing this. According to the context, the purchasing
management is implemented in the organization of Singapore telecommunications Ltd. This
organization operates as the largest telecommunications organization in all over Asia (Ariza-
Montes & Lucia-Casademunt, 2014). The main goal of this organization is to provide
telecommunications services regarding mobiles as well as internet and also TV solutions to
the wide range of the customers. Within this report, it has to explain the suppliers’ selection
criteria, involvement of ICT and also purchase cost analysis.
Supplier Selection criteria and issues
Depending on the background of this report, the selected organization is Singapore
telecommunications Ltd. which sustains in the field of telecommunications. The main aim of
this company is to provide the telecommunication services to huge range of customers by
applying mobile networks or internet services.
The primary goal of the purchasing management is to purchase the products in a
lower cost for earning higher profit and also improving the product quality (Beikkhakhian et
al., 2015). With the medium of higher level of profit, it is necessary to fulfil the business
requirements. Similarly, keeping with the equality of purchasing management, this
telecommunication company has its aim regarding purchasing products with lower costs and
also improves the productivity and also receives higher profit (Chiu et al., 2014). To keep the