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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Enables adherence to policies and regulations through ethical, sustainable, and compliant practices. Well-defined contracts help ensure suppliers meet expectations while protecting the buyer's interests. Ethical and Sustainable Procurement Source from suppliers who follow ethical labor practices and treat workers fairly.

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BCG’s 10 Step Plan for Procurement Excellence

Procurement Software

Very few CEOs come from Procurement or Supply Chain. Supply Chain should become one of the top agenda items on board level meetings. Not ignoring the importance of regular, two-way feedback between buyer and supplier is also key. The CEO must therefore take personal ownership of this change.