Using examples, explain the importance of purchasing and supply in a company like Drip footwear.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Drip Footwear is more than just a sneaker. It is a brand that is dedicated to working with
customers to design the future. Design and Quality are at the core of everything we do.
In 2019, Lekau Sehoana introduced South Africa to a new shoe brand called Drip Footwear.
Two years later, he has seven stores across the country. The brand has a new store in Springs
Mall, East Rand, following the one that was opened in Venda, Thavhani Mall in February this year.
Source: IOL. Online. https://www.iol.co.za/lifestyle/style-beauty/fashion/drip-footwear-opens-itsseventh-store-in-two-years-ff163dee-8fb1-40eb-babf-d07123925183 [Accessed 19 July 2021].


Q.2.1 Using examples, explain the importance of purchasing and supply in a company like
Drip footwear.

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