Purchasing and Procurement: What's the difference? How do they contribute to the supply chain?

In the business world, the practice of using similar terminology seems to work, although it can sometimes be a little confusing. Many people use the terms purchasing and procurement interchangeably, but despite their apparent similarities they do have different meanings. This webinar aims to clarify any confusion between these two related, yet different, business cousins and put them into the supply chain context. The webinar will also help you look at the supply chain as a strategic management function that exists to add to the competitive advantage of your business. The Speaker Ian Moody has over 30 years of business experience ranging from senior management positions, in such companies as Ericsson to founding and selling his own companies. Ian designs and delivers training programmes globally with particular attention to the GCC nations. He works in many fields including both accredited and non-accredited courses. Ian divides his time equally between the Middle East and the UK. In the UK Ian is a lead professor at London Met University and the University of West London specialising in working with students to gain their membership to the Chartered Institute of Procurement and Supply. Check out Ian Moody&Training Courses & Webinars: Training Courses: Chartered Institute of Procurement and Supply (CIPS) – Diploma In Procurement And Supply Exam Preparation Unit 1 - Contexts Of Procurement And Supply Unit 2 - Business Needs In Procurement And Supply Unit 3 - Sourcing...