Order Fulfillment Supplier consolidation supply chain budgeting 
Supply Chain Game Changer
JUNE 30, 2022
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World of Procurement blog
MAY 8, 2024
It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. In summary, procurement is a strategic function focused on maximizing value, reducing costs, and building competitive advantage.
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