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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Types of Procurement There are several types of procurement that organizations utilize: Direct Procurement Direct procurement involves purchasing raw materials and components that go directly into a company's end products. Well-defined contracts help ensure suppliers meet expectations while protecting the buyer's interests.

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How Artificial Intelligence (AI) Will Change Decision Making for Businesses!

Supply Chain Game Changer

The model is designed to help financial services companies map buyer personas, simulate “future selves” and anticipate customer behavior. Here, you have bots that map the decisions made from automotive players, such as car buyers and manufacturers, and transportation services providers. Customer Relationship Management (CRM).