🔹Procurement service

Procurement Service refers to the end-to-end process of sourcing, negotiating, purchasing, and delivering goods from suppliers to buyers. In an international context, it also includes quality control, financing solutions, logistics, and customs clearance.

🔹 Why Procurement Services Matter

  • Cost efficiency: Better supplier pricing through global sourcing.

  • Risk management: Reduce exposure to unreliable suppliers or delayed shipments.

  • Financing support: Buyers can access goods without tying up all their capital.

  • Time savings: End-to-end management allows buyers to focus on sales & operations.

Next

Supply Chain Finance