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What is USTC MBA Assignment on Procurement and SCM about?

Procurement involves acquiring goods and services for a business. There are direct and indirect types of procurement. The procurement process involves identifying needs, finding suppliers, requesting quotes, evaluating bids, agreeing to terms, receiving goods/services, and quality assurance. Supply chain management (SCM) is the management of the flow of goods and services from raw materials to the final product. The key functions of SCM are integration, operations, purchasing, and distribution. Integratio

Author

Pranab Dhar

Language

EN