Remove Agile and Lean Supply Chain Remove Internal analysis Remove Purchasing Remove Supply Chain Optimization
article thumbnail

Strategic Procurement — Everything You Should Know

Procurement Tactics

It aims to ensure that the goods and services that the business needs are delivered on time and purchased within the budget. Additionally, it involves a careful analysis of supplier selection, payment terms, contract negotiation, and acquisition of goods. Activities Compromising Strategic Procurement 1. Why is it important?