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Why Procurement Pros need to understand Contracts

World of Procurement blog

APRIL 12, 2021

You may have gone out to the market with a set of specs and asked for Suppliers to come back to you with options as to how they can fulfill your requirements. When evaluating the suppliers’ responses you might have found the perfect component that a supplier is going to make bespoke for you. WHAT IS A CONTRACT?

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Contract Procurement supply chain software solutions Buyers 52
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Risk Management in Procurement: Strategies and Tools for Success

Empowering CPO

MAY 8, 2023

These risks can arise from various sources, including suppliers, market conditions, geopolitical factors, and internal organizational processes. Effective procurement risk management entails identifying, assessing, and mitigating these risks to ensure a resilient and efficient supply chain.

Risk management 52
Risk management Risk Procurement strategies Strategy 52
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