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Strategic Procurement — Everything You Should Know

Procurement Tactics

It aims to ensure that the goods and services that the business needs are delivered on time and purchased within the budget. Additionally, it involves a careful analysis of supplier selection, payment terms, contract negotiation, and acquisition of goods. Why is it important? What is a procurement strategy?

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MRO spare parts optimization

IBM Supply Chain Blog

However, recent disruptions in the global supply chain, due to the pandemic and geo-specific issues, have caught many off guard. A 35% decrease in maintenance budgets. Transform your supply chain Siemens, The True Cost of Downtime 2022 June 2022, IDC SaaS Path Survey, #US49286022 Based on IBM internal analysis of client data.