Acquisition and Logistics
Acquisition and Logistics refer to the processes involved in obtaining goods and services and managing their flow from origin to consumption. This includes identifying needs, sourcing suppliers, negotiating contracts, and ensuring timely delivery. Effective acquisition helps organizations secure the necessary resources to operate efficiently.
Logistics focuses on the planning, implementation, and control of the movement and storage of products. It encompasses transportation, warehousing, inventory management, and distribution. By optimizing logistics, businesses can reduce costs, improve service levels, and enhance overall supply chain performance, ensuring that products reach customers when and where they are needed.