BOOK: Purchasing and Supply Management
Answer preview
By having a centralized system, the company will make it possible to have a vendor saucing system that allows the company to sours its supplies in large volumes. Having a centralized system guarantees that the company can buy in large amounts and this can help the company to increase the purchases in a significant quantity (Jia, Lamming, Sartor, Orzes, & Nassimbeni, 2014). That is vital as it helps in the creation of bulk purchases. It will allow the company to have considerably higher bargaining power because they will increase the amounts they will be buying…
(800 words)