Question

Many firms use ______, who may specialize by product area in large companies, to help cut costs and coordinate relationships with suppliers.

Answer 1

Answer:

Purchasing managers.

Explanation:

A purchasing manager is responsible for establishing the best conditions for purchasing goods and services necessary to perform organizational activities.

Has more authority than a purchasing agent or buyer, although the exercise activities are similar, the purchasing manager has a greater responsibility for overseeing the procurement process and the activities of a purchasing agent or buyer.

The responsibilities of a purchasing manager are:

• purchase of higher quality and lower priced goods and services.
• seek the most reliable suppliers for the organization.
• price negotiation and purchase contracts.
• forecast of future demand. (...)