What is procurement? Multiple Choice The purchasing of goods and services to meet the needs of the supply chain Includes the processes that control the distribution, maintenance, and replacement of materials and personnel to support the supply chain Includes activities that govern the flow of tangible, physical materials through the supply chain such as shipping, transport, distribution, and warehousing Occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain
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Home » Computers & Technology » What is procurement? Multiple Choice The purchasing of goods and services to meet the needs of the supply chain Includes the processes that control the distribution, maintenance, and replacement of materials and personnel to support the supply chain