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A procurement department is a kind of a department which handles all the activities related to procurement, like procurement services, procurement strategy, supply chain management etc.
Post Procurement activities commonly involve; • Supply contract administration, • Inventory control and stores, • Disposals and other related functions.
Do you have any Procurement certification? Please indicate the name?(50 words or under)
what is the differnce between total cost ownership and procurement under the lowest purchasing price philosophy?
Supply Chain Management encompasses the planning and management of all activities involved in sourcing, procurement, conversion, and logistics management activities
international procurement and national procurement
Procurement logistics management is the most important part of Supply Chain Management. It helps to manage all the activities related to supply chain management. Logistics management plans, implements, and controls the efficient, effective forward, and reverse flow and storage of goods, services.
Challenges traditional procurement
procurement
Compare and contrast the two basic procurement strategies of corporate procurement and project procurement
Strategic sourcing is a term directly involved in procurement process it helps to improve and re-evalute the activities of purchasing of a company.
1. A traditional procurement process is a collection of many processes by interacting with other departments of a company or with the supplier. Whereas e-procurement means electronic procurement or online procurement. 2. Traditional procurement can be done by face-to-face, or via telephone. E- Procurement can only be done through online. 3. Traditional procurement is costly E-Procurement is cost effective.