procurement and logistics
- Created by: Muskaan Dhaliwal
- Created on: 14-08-19 20:12
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- procurement and logistics
- procurement
- finding and buying things that a firm needs from suppliers outside of a business
- effective procurement and logistics
- systems in place that improve the efficiency of a business
- logistics
- means getting goods or services from one part of the supply chain to another
- e.g. a clothes manufacturer would need to have the material it needs transported to its factory
- means getting goods or services from one part of the supply chain to another
- procurement
- e.g. for a clothes manufacturer, procurement would involve finding and buying the material it needs
- finding and buying things that a firm needs from suppliers outside of a business
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