Spare Parts Procurement – What is it & Why is it Important? In the manufacturing of your goods, the focus is generally on the bigger picture. You have made sure that you have all the parts you need to create the desired whole. But what happens when you are missing one piece of the puzzle? […]
Machine Part Procurement – Differences Between Parts Purchasing & Procurement So often the words purchasing and procurement are used interchangeably – as if they are the same. Yet, these two terms are very different. Simply stated, purchasing happens when someone pays for goods and services. Procurement, however, includes the bigger picture – including the purchase. […]
