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What Is The Difference Between Procurement And Sourcing?

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Ali Mustapha Shaikh Profile
Procurement is a term that contain sourcing.  Procurement is the acquisition of goods & services at the best cost of owner in terms of in the right quality, in the right quantity, at the right time , from the right location.  sourcing is the act of finding,engaging & deciding that from where, we should  purchase the resources.

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