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Procurement: With Great Power Comes Great Responsibility!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Hey Procurement! ” Procurement organizations can have the power to spend and control as much as 75-80% of a company’s revenue. With the promise of future business awards Procurement is largely responsible for finding and qualifying potential new suppliers.

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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.