ROLE OF BUSINESS COMMUNICATIONS IN IMPORT PROCUREMENT

Abstract

Procurement management is a critical function of corporate governance as it makes a significant contribution to maintaining the competitiveness of products by providing high quality materials at the right time in the right place at the right time, offering a high level of customer service and reducing costs. The need for a holistic approach to improving procurement management processes is the development of new methods for optimizing procurement in the supply chain, as well as the effective interaction of procurement with other areas of the company. Business communication helps to improve procurement management processes in many areas of the company and fosters mutual understanding and loyalty between partners.