MJ Supply Chain is a procurement and supply chain service specialist company 

EXPERTISE, KNOW-HOW + DIVERSITY

MJ Supply Chain is uniquely positioned to provide a “One Stop Shop” complete procurement & supply chain functionality for provision of materials, purchasing, supply and delivery door to door.

Our expertise provides a comprehensive range of specialized procurement, shipping, freight forwarder and logistics services tailored to specific needs providing competitive advantages and improved business performance to its clients

THE MJ SUPPLY CHAIN VISION AND MISSION

“Big enough to compete ~ Small enough to care”

Our Core Values and Aims

Provide cost effective procurement, sourcing and customized supply chain (shipping, forwarding/logistics) solutions

THE BEST WAY TO GET TO KNOW US IS TO TALK WITH US

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The Differences

Although some use supply chain, procurement and sourcing interchangeably, they’re actually different aspects of the same business process.  Understanding the difference and specific roles within business will help you better understand and leverage the different aspects of this important part of your business.

SUPPLY CHAIN

Supply chain consists of everybody involved in getting your product in the hands of a customer. It includes raw material gatherers, manufacturers, transportation companies, wholesale warehouses, in-house staff, stock rooms. It also includes the tasks and functions that contribute to moving that product, such as quality control, marketing, procurement and sourcing. To use an analogy, the supply chain can be considered an entire chair, while procurement and sourcing are parts of the chair.

PROCUREMENT

Procurement is the process of getting the goods and/or services your company needs to fulfill its business model. Some of the tasks involved in procurement include developing standards of quality, financing purchases, negotiating price, buying goods, inventory control and disposal of waste products like packaging. In the overall supply chain process, procurement stops once your company has possession of the goods. To make a profit, the cost of procuring your goods must be less than the amount you can sell the goods for, minus whatever costs are associated with processing and selling them.

SOURCING

Sourcing is locating sources of the goods and services your company needs. It’s a subsection of the procurement process. Where procurement is concerned with the logistics of acquiring materials, sourcing focuses on finding the best and least-expensive suppliers for those goods. This part of the business can include scouting, negotiating, testing for quality and market research. Since the profits of a business can rely heavily on finding the best possible sources, this step is important even though it happens well before the business ever makes its first sale.

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