What is procurement logistics?
Procurement logistics is one of the fundamental systems of logistics. It embodies the link between in-house production (production logistics) and the delivery and storage of parts and materials required for this (distribution logistics).
This area includes all important elements of a company's supply chain, such as purchasing, transportation and storage. If procurement logistics are optimized, an almost seamless flow of all subsequent processes, such as production, can be guaranteed.
What are the tasks of procurement logistics?
Procurement logistics is fundamentally determined by corporate goals such as profitability or competitiveness. The following objectives are pursued:
- Favorable purchase
- Secure supply
- Flexibility in delivery
- High quality products
- Low other costs (such as storage and transportation)
- Low stocks
As a result, the main objectives are to spend as little money as possible and to maintain flexibility in production and delivery.
