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Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform GlobalSourcing”. By 2025, many Directors will be Millennials and will drive to find renewable disposition and consumption approaches to resources while balancing ways to drive revenue. Globalization.
Such broad priorities require new supplier strategies, new information and a delicate balancing act between competing objectives. Some suites have embedded MDM capabilities that can unify data across the enterprise and fix issues at the source. Furthermore, their rapidly shifting nature requires a new level of agility.
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