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Every organization big or small depends on materials and services from other organizations to varying extents. These materials & services are obtained through exchange of money and the physical arrangement of it all.
This function of business is responsible for the coordination of planning, sourcing, purchasing, moving, storing and controlling materials in an optimum manner so as to provide service to the customers at a pre-decided level and minimum cost. This concept is coined as Purchasing & Material Management.
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Logistics & Supply Chain,
Supply Chain Manager,
Supply Chain Management,
Purchase & Material