What is Procurement Logistics?

Procurement logistics is part of the supply chain that deals with procuring and delivering materials and products needed for manufacturing. It involves sourcing raw materials and supplies from different parts of the world.

Procurement is a core function of procurement logistics, focusing on acquiring the right materials at the right time and price. The logistics part of procurement logistics is responsible for the efficient and timely delivery of these materials to the manufacturing facilities. Effective procurement and logistics can help businesses reduce costs, improve efficiency, and gain a competitive advantage in the marketplace.