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Procurement and logistics

Procurement and logistics

Procurement is buying everything a business needs to operate, including raw materials, components, stock for resale, equipment and services. It involves finding suppliers, agreeing price, quality and delivery terms, and managing the relationship over time.

3.2 The role of procurement Lesson

  1. GCSE
  2. /Business
  3. /3.2 The role of procurement

Step-by-step lessons on AQA GCSE Business 3.2 The role of procurement, covering 3.2.1 Just in time and just in case, 3.2.1b Costs and benefits of stock management, 3.2.2 Factors affecting choice of suppliers, 3.2.3 Procurement and logistics, and 3.2.4 Effective supply chain management. Each one builds up to exam-style questions. Start by mastering business terminology and the functional areas (marketing, finance, operations, HR) before moving on to the extended, evaluation-heavy questions that carry the most marks.

Lessons