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Best Practices | Statistics |
---|---|
Supplier Relationship Management | 87% of senior procurement managers believe that strong supplier relationships are crucial for success. |
Cost Reduction Strategies | Implementing cost reduction strategies can lead to an average savings of 15-20%. |
Technology Integration | Organizations that integrate technology into their procurement processes see a 30% increase in efficiency. |
Risk Management | Effective risk management can reduce supply chain disruptions by 40%. |
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