Procurement and Supply Chain is an important part of any business. It is the process of acquiring goods and services from suppliers and managing the flow of those goods and services from the supplier to the customer.
The process includes the planning, sourcing, ordering, receiving, storing, and delivering of goods and services. It also includes the negotiation of contracts, the management of inventory, and the management of payment.
Procurement and Supply Chain is a critical component of any business, as it helps to ensure that the right goods and services are delivered on time and at the right price. It also helps to ensure that the customer is satisfied with the quality of the goods and services they receive.
Procurement and Supply Chain is a complex process that requires a great deal of planning and coordination. It is important to have a well-defined strategy in place to ensure that the process runs smoothly and efficiently.