Procurement logistics
Procurement logistics refers to the totality of logistical tasks and measures for the preparation and execution of the flow of goods from purchasing to transport to goods receipt. Cf. e-procurement.
Source: logipedia / Fraunhofer IML
Alternative Meanings:
- Procurement logisticsProcurement logistics, also known as procurement logistics, comprises all logistical activities and measures required to prepare and implement the flow of goods from goods purchasing to goods receipt. Its aim is to ensure that the required materials and products are available at the right time and in the right quantity at the right place. The tasks of procurement logistics include order processing, selecting suppliers, negotiating contracts, monitoring delivery dates, coordinating transportation and quality control of the delivered goods. These tasks must be coordinated efficiently in order to avoid bottlenecks and ensure a smooth flow of goods. An important aspect of procurement logistics is e-procurement, i.e. the electronic purchasing of goods and services via digital platforms. By using e-procurement systems, companies can automate the procurement process, increase efficiency and reduce costs. This enables them to react quickly to changing market requirements and improve their competitiveness. Procurement logistics plays a crucial role in a company's entire value creation process. An effective procurement strategy and logistics can reduce production costs, shorten delivery times and increase customer satisfaction. It therefore contributes significantly to the success and competitiveness of a company. Overall, procurement logistics is an integral part of the supply chain and requires close cooperation between different departments such as purchasing, logistics, production and quality assurance. Through efficient procurement logistics, companies can optimize their supply chain and strengthen their competitiveness on the market.