What is Commercial at CBL (Cont.)  
 
Procurement:
Simple procurement may involve nothing more than repeat purchasing. However complex procurement could involve finding long term partners / suppliers that might fundamentally commit one organization.

Logistics:
Logistics involves the integration of transportation, inventory, warehousing, material-handling, and packaging, and occasionally security. Logistics is a channel of the supply chain which adds the value of time and place utility.”
 
     
 
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