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Supply Management
The process of managing and optimizing the sourcing, procurement, and logistical activities required to obtain products, services, and materials needed by a company.
Organizational Purchasing
The systematic process by which companies buy goods and services they need to operate, considering factors like price, quality, and delivery times.
Closed-loop Supply Chains
Supply chains designed to integrate forward logistics with the reverse logistics process, enabling recycling, refurbishment, or disposal of products.
Reverse Logistics
The process of moving goods from their typical final destination for the purpose of capturing value, or proper disposal.
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