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Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform GlobalSourcing”. This means category managers must work with suppliers much differently and evaluate them based on a wider array of factors. Globalization. Integration. Today this rarely exists.
Collaborate to Win Henry Ford’s quote that “coming together is a beginning, keeping together is progress, working together is success” has never rang more true. Being more agile and addressing more strategic objectives requires procurement to be more collaborative. 78% engage suppliers more collaboratively than they did 3 years ago.
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