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Supply in logistics refers to the process of acquiring, storing and managing the materials, products or services that a company needs to carry out its operations. This process is essential to ensure that supply chains operate efficiently and effectively, ensuring that products or services are available at the right time and place.

Guys 

  1.  Straight: Involves the purchase of goods and services that are used directly in the production of final products. Examples include raw materials, components and parts.

  2.  Indirect: It involves the purchase of goods and services that are not a direct part of the final product, but are necessary for the operation of the company. Examples include office supplies, cleaning and maintenance services.

  3.  Strategic: Focused on creating long-term relationships with key suppliers. This type of sourcing seeks to align the supplier's objectives with those of the company, promoting close collaboration.

  4.  Operational: Refers to everyday, lower-value purchases that are necessary for the continued operation of the company. It is more tactical and less strategic.

Characteristics of Supply in Logistics

  1. Planning and Forecasting: It is essential to predict future demand to ensure that inventories are aligned with market needs. Demand forecasting and planning techniques are used.

  2. Inventory management: Includes the control and management of inventory levels to avoid both excess and shortage of products. This may involve techniques such as Just-in-Time (JIT) and safety inventory management.

  3. Supplier Selection: Choosing suitable suppliers who can meet quality, cost and delivery time requirements is crucial. It involves evaluation and negotiation with potential suppliers.

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