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Category management is much more than strategic sourcing

Future Purchasing

Data gathering focuses on spend analysis and supply market research. Implementation focuses on applying competitive tension through RFPs, negotiation, and contracting. Commercial teams take the lead and have intermittent touch-points with business stakeholders.

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What Exactly Is Procurement? And What is Purchasing?

Supply Chain Game Changer

His job involved buying, negotiating, contracts, overseas travel, sourcing, suppliers, parts, services, managing, supplier qualification, product qualification, terms and conditions, quality issues and delivery problems. I seem to recall that one of his business cards included both words. Procurement. ” [link]. Purchasing .