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Develop a Strategic Procurement Plan Procurement shouldn’t be reactive; it should be proactive. Start by developing a strategic plan that aligns procurement goals with your organization’s overall objectives. Cooperative purchasing can help you stay agile and strategic in your procurement activities.
Vendor-paid eProcurement typically offsets the costs of an online procurement platform for the buying organization. Opportunities in a bidding portal are hidden behind a paywall and vendors are required to pay a fee to submit their bid. In some cases, they even have to pay to view the opportunity and bid documents.
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