In this 8-minutes video, Trent Morris will answer these following questions that are certainly very helpful for those confused between the difference of Procurement and Purchasing.

  • What’s the difference between Procurement and Purchasing?
  • Can we use the terms interchangeably?
  • Are these always separate functions?
  • Category Management – what’s that? What is supplier relationship management? Are they the same thing?
  • Where should the Procurement report to within the business structure?
  • Is Procurement a good career?

 

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Editor’s Note: This post was originally published in February 2020, under the title “What is Procurement Vs. Purchasing?” in Logistics Bureau’s website.