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What do you understand by the term procurement management?Is it related to Supply Chain Management and Logistics?Confused? Let’s understand what procurement management is. To ensure efficient operations, procurement practices are an essential element to execute, regardless of the company or industry.

How important do you consider Risk Management?The cyclic nature of business and market uncertainty involves a constant risk of supply chain management and logistics. With risk management at an early stage of development, supply chain management needs to evolve considerably.