Buying goods of right quality & quantity at right time at right price is called?

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What is more important, Quality or quantity?
Posted by:
Mohammed Abdul azeez
21-February-2018

Logistics Procurement Supply Chain Government Procurement

Question added by Mohammad Fayyaz , Deputy Site Manager , Raha Group for Technical Services (RGTS)
Date Posted: 2017/04/18

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2 Answers

Carole Abdel Salib

by Carole Abdel Salib , FOREIGN LOGISTICS MANAGER , KHOURY INTERNATIONAL

It is simply called a Definition of Purchasing.

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by Jean Louwrens , Graduate Program , DSV Air & Sea

It would be called The four Rs of Supply Chain Management but it is actually:

- Right Time

- Right Place

- Right Quality

- Right Quantity

- Right Place

Making it The 5Rs of Supply chain Management

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