Maintain one-off, contractual relationships with suppliers Resort to a short-term, transactional relationship with suppliers Used to purchase external services and staffĮstablish long-term, collaborative supplier relationships
Procuring and managing the contingent workforce and consulting servicesĮx: Raw materials, machinery, and resale itemsĮx: Utilities, facility management, and travelĮx: Professional services, software subscriptions, etc.ĭrives external profit and continuous growth in revenueĬomprises of stock materials or parts for production
Sourcing and purchasing materials, goods, or services for internal use Acquisition of goods, materials, and/or services for manufacturing purposes