Explain the benefits of purchasing centrally through the NHS Supply Chain. - Scottish Highers Business Management - Question b - 2019

Centralized purchasing grants access to a vast range of suppliers, which enables a greater choice of goods. This variety helps in meeting diverse needs across different departments.

Purchasing centrally can be more cost-effective due to economies of scale. By buying in bulk, the NHS can negotiate better prices and gain discounts that wouldn't be available through smaller, individual purchases.

Having specialized purchasing staff ensures that the best deals are negotiated. Their expertise contributes to obtaining optimum value for money in the procurement process.

A centralized purchasing department leads to more efficient purchasing procedures. It streamlines the buying process and reduces duplication across different units, resulting in time and cost savings.