The earnings of the organization can be considerably impacted by buyers and supply chain management....
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Accounting
The earnings of the organization can be considerably impacted by buyers and supply chain management. An organization may spend up to 50% of its sales revenue on the acquisition of goods and services, including raw materials. You are employed as a purchasing director at Food Lovers in Durban, South Africa. Answer all the following five questions based on the above statement:
QUESTION 1 (20 MARKS) Analyse any FIVE (5) challenges facing purchasing and supply management making reference to Food Lovers in Durban, South Africa. Use practical examples to support your answer.
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