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Procurement Metrics: Key Performance Indicators for Success

Empowering CPO

The Importance of Procurement in Business Procurement is the lifeblood of any business. It is the process of sourcing, negotiating, and purchasing the goods and services a business requires to carry out its operations. This can range from raw materials for production, to office supplies, to strategic partnerships.

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Why is Not for Profit Procurement so Different

Claritum

Claritum Article - Procurement Blog. This article will look at how this high level distinction impacts procurement and will also dive deeper into some of the resultant differences between these groups that impact on the procurement function. The NfP also has a greater focus on adding social value to a supply chain.

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The Top Procurement Trends of 2022 that you need to know

World of Procurement blog

With solutions such as Tealbook , which creates a supplier data foundation that isn’t dependent on a supplier going into a portal and updating information, we will see a shift in procurement teams opting for options such as this. With better data comes more precise insights into your Supply Chain.