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\n\u201cProcurement:<\/strong> The process of obtaining supplies of equipment or raw materials for an organization:<\/p>\n
Example:<\/span> She has responsibility for the procurement of equipment in the company. The company had not been awarded any of the large defence procurement contracts.\u201d \u201cSourcing:<\/strong> The activity of finding and buying materials, parts or products, especially ones that are used to make other goods:<\/p>\n Example:<\/span> Local sourcing of parts has increased. single sourcing (= buying from a single supplier)\u201d Still confused?<\/strong> So let me clarify a bit more for you: I am sure you did. Now that you have learned the differencies, it is time to practice both your English and business knowledge!<\/p>\n The best way to practice your writing skills is thru your own experience at work, so I am inviting you to share a few lines (15 max) with me where you can write about your role in the company you work for as well as how you would like us to help you improve your communication skills!<\/p>\n You will receive the correction of your text withing 48h and get a week of free activities related to both Supply Chain and your business. <\/p>\n Remember the saying: \u201cPractice makes Perfect\u201d We, at Meridian, are ready to assist you!!<\/p>\n Se voc\u00ea teve dificuldades em entender este texto, n\u00f3s da Meridian temos como ajud\u00e1-lo a melhorar sua comunica\u00e7\u00e3o, mesmo que voc\u00ea esteja no n\u00edvel b\u00e1sico. At\u00e9 a proxima! [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" Having worked with several organizations, I have always come across these terms and learned the importance of each in the customer\/supplier relationship, as well…<\/p>\n","protected":false},"author":2,"featured_media":1531,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-1529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-supply-chain"],"yoast_head":"\n
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\n![\"\"](\"http:\/\/meridianidiomas.com.br\/wp-content\/uploads\/2018\/10\/purchasing-300x240.jpg\")
\n\u201cPurchasing<\/strong>: The activity of buying things that a company needs, such as materials, parts, equipment, services, etc.; the department that deals with this:
\nExample:<\/span> She has taken over responsibility for purchasing worldwide. All orders are sent to the
\npurchasing manager for authorization.\u201d<\/p>\n
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\nThink of Procurement<\/strong> as an umbrella where Purchasing<\/strong> and Sourcing<\/strong> are under it, being a subset of it. While Procurement<\/strong> is a business management function and essentially an acquisition of products and services, especially for the business purpose, covering a complete range of activities involving vendor selection, contratcting negotiations, terms and conditions, payments, compliance, analsysis and<\/span> sourcing, Sourcing<\/strong>, as the name implies, is finding a source from where the goods and services can be procured. Since the business profits heavily rely on finding the best source of suppliers it is considered a key part of the process to the success of a business.
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\nAnd\u00a0Purchasing?<\/strong> \u00a0It simply involves buying and selling of the goods and services at a more operational level. In many organizations, the material planner in PCP is called buyer planner and is in charge of operating the flow of orders and ensuring material availability to support the production schedule.
\n <\/p>\nGot it now?<\/strong><\/h4>\n
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\nBonus!!<\/strong><\/p>\n\n
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\nAgende uma aula gratu\u00edta<\/strong> que faremos um bate papo legal, mapearemos suas dificuldades e tra\u00e7aremos um plano de a\u00e7\u00e3o para atingir seus objetivos a curto, m\u00e9dio e longo prazo!<\/p>\n
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\nJo\u00e3o Finatti
\nMeridian Idiomas<\/p>\n