Agile and Lean Supply Chain Competitive bidding Strategic sourcing Supply chain resilience 
World of Procurement blog
MAY 8, 2024
Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. Buy fair trade, organic, and locally sourced goods whenever possible. Conduct supply chain audits and due diligence on high-risk categories. Organizations want to source responsibly and align with ESG initiatives.
Empowering CPO
JUNE 14, 2023
At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. The value of using technology to track sales and inventory in real time for better supply chain management.
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