The difference between procurement automation and supply chain automation

What is procurement automation?

The process of locating and acquiring (or procuring) products, services or raw materials from suppliers or suppliers is called sourcing. This includes the relevant steps required to find and obtain these products, services or materials, such as contracts, approvals, budget control, supplier management, request and purchase tracking.

What is supply chain automation?

A supply chain is a corporate network of suppliers, logistics providers, manufacturers, entities, people, and resources that collaborate to deliver goods or services to a business in hand. To get goods and services into the hands of an organization, it also covers tasks such as marketing, procurement, procurement, quality control, contracting, and more. The coordination and control of all supply chain network participants is a necessary condition for the efficient delivery of services. Many businesses are using supply chain automation to increase productivity.

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