Procurement vs Purchasing (Supply Chain Basics)

Back with another video, we are digging deeper into the topic of procurement and we will discuss the difference between procurement and purchasing in supply chain management. This was a question our viewer AZEEZ MAHAMMAD posted on the comments. Please feel free to post your questions on our comment section or tag us on social media @MVCLogisticsAcademy

This is all part of our Learning Logistics series where we discuss the basic Supply Chain and Logistics concepts.

We covered the definition of PROCUREMENT in an earlier episode, so feel free to go back to that one if you need a refresher, and I also covered the definition of LOGISTICS in the beginning of the series. Both videos are liked below:

   • What is Procurement? (Supply Chain Ba...  

   • What is logistics? Supply Chain Basics  


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