Description
Economics in Purchasing and Supply Management is an insightful guide that bridges economic theory with practical applications in procurement and supply chain management. The book explores critical topics such as supply and demand, market structures, cost analysis, and the impact of global economic trends on purchasing strategies. It provides readers with tools to analyze economic data, negotiate effectively, and optimize resource allocation within supply chains. Through practical examples and case studies, the book demonstrates how economic principles influence decision-making and enhance supply chain efficiency.
