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A Procurement Officer Survey conducted in 2012 by the IBM Institute for Business Value found that 53% of respondents believed their organization was “effective” or “very effective” at leveraging Supplier Relationship Management and Supplier Risk Management technologies. Sellers were able to find other markets for their goods and services.
Since at least January 2012, the Federal Reserve System’s Federal Open Market Committee (“FOMC”) has maintained that a 2% inflation rate is optimal for maximizing employment and keeping prices stable. [6] 16] In view of the foregoing, BLS’ March 15, 2023 PPI summary stated that, “[o]n an unadjusted basis, the final demand index rose 4.6
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