Unit 4 Purchasing Introduction to Purchasing The Processes of Purchasing 【Lead-in】 For most companies, purchasing has been viewed as a critical activity. Text One in this unit mainly describes the definition of purchasing, the importance of purchasing, and the factors in purchasing strategy. And Text Two mainly puts emphasis on the processes of purchasing, including selection of bidders, bidding process, technical evaluation, etc. 【Learning Objectives】 1. To understand the definition of purchasing. 2. To know the importance of purchasing. 3. To
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