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M23172 Appropriate Purchasing Objectives (SMART) to meet the demands of the fast fashion industry: Purchasing and Supply Chain Principles, UOP, UK
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| University | University Of Portsmouth (UOP) |
|---|---|
| Subject | M23172 Purchasing and Supply Chain Principles |
TASK THREE: PURCHASING MANAGEMENT (20%)
Drawing on your research for task one, recommend appropriate objectives and structure for a retail fashion buying department within a fashion retailer with an international sourcing and distribution policy. Your recommendations must include:
1. Appropriate Purchasing Objectives (SMART) to meet the demands of the fast fashion industry, including benchmarking measures which can be used to evaluate the success of your objectives.
2. Staffing proposal including an organization chart showing roles and responsibilities of the new department.
3. A summary of how key staff roles will support the achievement of these purchasing objectives.
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