Procurement is about buying. Logistics is about transporting.
look in your textbook
The difference between purchasing and procurement is that to purchase something with currency or money. Procurement is the obtaining of goods and services through a bartering system.
1. Planning 2. Procurement 3. Logistic
Mutation Rate
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.
Parcelnet is a term that refers to a transport procurement specialists located in Australia. They also offer logistic and distribution consulting services.
Logistics and transportation management differences
what are the similarities between private and public procurement
Dick Biedenbender has written: 'The ILS manager's LSA toolkit' -- subject(s): Armed Forces, Integrated logistic support, Procurement
Robert A. Cheney has written: 'Computer-aided acquisition and logistic support' -- subject(s): Armed Forces, Automation, Logistics, Procurement
There is a difference between procurement and acquistion; however the two terms are often related. Both infer that an entity is gaining something of value, be it a service or tangible item. One might acquire an item in a variety of ways: a person might acquire money through an inheritance, by working hard for many years a saving, or by making good investments. Procurement indicates active search to acquire items or services at the best possible cost. Therefore, procurement indicates some form of payment, whereas acuisition does not.
in general regression model the dependent variable is continuous and independent variable is discrete type. in genral regression model the variables are linearly related. in logistic regression model the response varaible must be categorical type. the relation ship between the response and explonatory variables is non-linear.