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It includes strategies like procurement cost reduction strategies, streamlining purchase processes, and enhancing efficiency across the procurement lifecycle. Cost Avoidance in Procurement Understanding the difference between cost savings and cost avoidance is essential for measuring procurement efficiency accurately.
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Subscribe to SupplyChain Game Changer. The SupplyChain Detective™: The Mystery of the Prima Donna Boss! It was another case for the SupplyChain Detective™! SupplyChain is uniquely positioned in most organizations for the management of Cash flow. Subscribe Here! Email Address.
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