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Showing posts from April, 2017
got to understand procurrement here is some insights Purchasing and   supply management   involves the procurement, storage, and monitoring of goods sold in a retail store, machinery, supplies, or other raw goods. The purchasing and supply   manager   is the person in charge of this division of this job, as well as in managing the other employees working in this section. For most businesses, specifically retailers, purchasing and supply management is one of the most important job descriptions in monitoring buyer behaviors and making sure top selling items are well-stocked. In many cases, purchasing and supply management may involve negotiating with manufacturers or wholesalers in the process of buying goods or materials, as well as in working closely with cost analysts and marketing professionals in deciding which products to buy and which ones are not selling well enough for the costs. This process ensures that the company keeps better selling items in stock while passing on p