Month: December 2020

Top 6 Procurement Best Practices You Should Be Following !!!

Competition is fierce. Your company needs every advantage it can get. And needless waste from your procurement processes only eats up valuable resources and holds you back.

Without an effective and reliable supply chain, your business risks unnecessary delays. Your customers and clients will wait longer for goods and services (or they may not receive them at all). You’ll lose out on valuable discounts. And you could end up damaging vendor relationships you need to stay competitive.

Luckily, you can drastically reduce procurement inefficiencies easily by following best practices. Here’s what you need to do to make that happen.

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Category Management Best Practices !!!

Category Management is the management of a grouping of similar items which an organization desires to procure under a single deal.

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