Procurement, logistics and the supply chain
Procurement, logistics and the supply chain
Procurement means finding, choosing and buying the goods and services a business needs from suppliers. Logistics means organising the transport and storage of those goods so the business can keep operating.
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.