GlossaryEN1 min readUpdated: Jul 10, 2025
Procurement strategy
Last updated: Published:
Source: https://en.wikipedia.org/wiki/Strategic_sourcing
Category
Logistics Concept
Reading time
1 min
Words
27
Mentioned in
–
A procurement strategy is a long-term plan used by a company to optimize its procurement activities in order to ensure cost efficiency, quality, flexibility and supply security.
Related Terms
Logistics knowledge straight to your inbox
Weekly: Top news, industry facts and insights from the world of logistics – free.