front 1 Supply Management | back 1 refers to the broad set of activities carried out by organizations to analyze sourcing opportunities, develop sourcing strategies, select suppliers, and carry out all the activities required to procure goods and services |
front 2 Cost Of Goods Sold (COGS) | back 2 is the purchased cost of goods from outside suppliers. It tells us how much a company has paid for the goods that it sold to its customers |