The concept of procurement is the sum total of effort that goes into discovering and acquiring the supplies an organization requires to function effectively. In the overall supply chain process, procurement stops once the company possesses the required materials or services.
Based on your readings and research conducted, write a 34-page paper (not including cover page and reference page) procurement in supply chain and its analysis in APA style and address the following:
Procurements role in E-commerce, process, risk/value techniques
How procurement contributes to the competitive edge and material management
Cost of procurement in production, logistics, and operations
Support your conclusions with a minimum of FIVE references. Your writing submission is expected to be grammatically sound, free of spelling errors, and formatted according to the current American Psychological Association (APA) edition.
