Contract management Demand Planning Negotiation Order Fulfillment 
SCMDOJO
APRIL 29, 2024
Planning ensures that resources are allocated effectively and that production and distribution meet customer demand. Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships. It also involves inventory management, order fulfillment, and monitoring stock levels.
World of Procurement blog
MAY 8, 2024
It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Mitigates risk by selecting reliable suppliers, managing supplier relationships, and ensuring continuity of supply.
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