The conception of the ‘The Five Rights of Purchasing” has been used by purchasing professionals over many decades: Procurement and Supply Chain Assignment, IMTC, Malaysia

University International Malaysian Training Centre (IMTC)
Subject Procurement and Supply Chain

The concept of the ‘Five Rights of Purchasing” has been used by purchasing professionals over many decades.  However, there are some critics that argue that the concept is no longer relevant in the new era of organizational purchasing scenario.

Critically analyze the above statement and explain whether the concept is still applicable or relevant in an organization of your choice.

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