BuyFind

Purchasing and Supply Chain Manage...

6th Edition
Robert M. Monczka + 3 others
Publisher: Cengage Learning
ISBN: 9781285869681
BuyFind

Purchasing and Supply Chain Manage...

6th Edition
Robert M. Monczka + 3 others
Publisher: Cengage Learning
ISBN: 9781285869681

Solutions

Chapter 15, Problem 1DQ
Textbook Problem

Why is it important for supply managers to understand legal issues? Isn’t that the lawyer’s job?

Expert Solution
Summary Introduction

To determine: The necessity for managers to get knowledge about legal issues and whether possessing knowledge about legal issues is the duty of lawyers?

Introduction: Supply chain management is the process of managing the suppliers and raw materials or resources that are essential for the organization’s operations.

Explanation of Solution

Necessity for managers to get knowledge about legal issues and whether possessing knowledge about legal issues is the duty of lawyers:

Supply managers are agents of a firm who take up the roles of procurement and purchasing. They engage in contract for acquiring materials and other products as when needed for the company. They make various contracts for which they are required to possess some legal knowledge to successfully execute those contracts.

Lawyers on the other hand can act as legal advisors for the firm and they cannot be contacted all times by the organization. So, the managers must possess knowledge about legal issues as they are a part in decision making for procurement and purchasing.

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