Procurement: Procurement is a process to acquire goods and services to meet the requirements of the supply chain. Procurement process is the gaining of goods and services and in large organization it is also an operational process executed many times per day. Logistics: Logistics has the control over the distribution of the product, maintenance and replacement of materials which supports the supply chain. The activities include the inbound and outbound logistics. The key factor of the logistics is to meet the requirements of the customers. Materials Management: Material Management deals with the activities of tangible components of the supply chain, and the physical materials include shipping, transport and distribution. It also deals with the handling the quality and the quantity of the materials.

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Chapter 10, Problem 3CQ

Program Plan Intro

Procurement:

Procurement is a process to acquire goods and services to meet the requirements of the supply chain. Procurement process is the gaining of goods and services and in large organization it is also an operational process executed many times per day.

Logistics:

Logistics has the control over the distribution of the product, maintenance and replacement of materials which supports the supply chain. The activities include the inbound and outbound logistics. The key factor of the logistics is to meet the requirements of the customers.

Materials Management:

Material Management deals with the activities of tangible components of the supply chain, and the physical materials include shipping, transport and distribution. It also deals with the handling the quality and the quantity of the materials.

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