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The Difference Between Logistics and Supply Chain

NLPA (Next Level Purchasing Association)

The globalized world relies on efficient and well-coordinated supply chains. Understanding this distinction is essential for anyone entering the procurement, purchasing, or supply chain field. It specifically focuses on the physical movement, storage, and coordination of goods and information within the supply chain.

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Beginner’s Guide to Managing Spend

NLPA (Next Level Purchasing Association)

To new members of a Procurement & Purchasing team, it’s important to understand the role of managing spend and its impact on organizational success. At its core, managing spend refers to the process of strategically controlling and optimizing the financial resources allocated for procurement and purchasing activities.

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Top Competencies of Procurement Professionals

NLPA (Next Level Purchasing Association)

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. Improve spend management by implementing a buying plan Effective spend management is crucial for any organization’s financial health.