While it’s important to understand the differences between procurement and purchasing, there’s a reason the two terms are often used interchangeably: they are closely related and can have overlapping responsibilities depending on your business model. The key difference between the two lies in where you find or locate your goods or services and how you …
PROCUREMENT VS. PURCHASING: WHAT IS THE DIFFERENCE? Read More »
Procurement is an essential part of every business, regardless of size or industry. After all, how can you create and sell your product if you don’t have the raw materials or components to do so? Procurement involves making sure those raw materials get from their supplier to your business in the best way possible, and …
10 TIPS FOR CREATING A SEAMLESS PROCUREMENT PROCESS Read More »
Procurement plays a critical role in the success of any business. Many companies are now realizing that their procurement processes have become more important than ever before. In fact, the market is increasingly becoming competitive and the need to make sure that you are doing everything possible to meet your customers’ needs is much more …
