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Procurement

Internal Procurement Vs. External Procurement

Basic Difference: Company Monsters And Monsters want to buy Peanut Butter for their button-shaped candies. They can buy it either from an external vendor Charlie And Peanut Factory (CPF) or their own subsidiary PBS. When the procurement is done by... Continue Reading →

Procurement Process In Materials Management 

The Procurement Process in MM can be defined as a process to acquire goods in the right amount at the right price when it is expected. It needs to manage a fragile balance of the requirement, the costs and the... Continue Reading →

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