Purchasing And Supply Management

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
PSM
Pronunciation
/ˈpərʧəsɪŋ ənd səˈplaɪ ˈmænɪʤmənt/
Category
Business
Related Field
General

Examples in Context

  1. International Purchasing and Supply Management Section
  2. In addition to helping you reduce your costs, purchasing and supply management professionals can improve customer satisfaction, employee productivity, and supplier relationships resulting in a more efficient and competitive business.
  3. Streamlined acquisition and supply processes are the direct result of effective purchasing and supply management.
  4. That's why the best purchasing and supply management practitioners foster relationships with best-of-class suppliers to ensure long-term cost and process efficiencies.
  5. Firstly, this paper discusses the theory of franchise business mode and the characteristic of the purchasing and supply management based on franchise chain.

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