Difference between revisions of "Procurement"
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== Definition == | == Definition == | ||
− | '''Procurement''' | + | '''Procurement''' refers to the initiation, design, development, acquisition, logistics of products and services for the organization. |
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+ | Procurement generalizes further the management of the value network, also including strategic aspects, internal and external to the organization. | ||
[[Category:Supply Chain Finance]] | [[Category:Supply Chain Finance]] |
Revision as of 11:13, 9 March 2022
Definition
Procurement refers to the initiation, design, development, acquisition, logistics of products and services for the organization.
Procurement generalizes further the management of the value network, also including strategic aspects, internal and external to the organization.