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Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform GlobalSourcing”. Challenges in this new manufacturer/supplier partnership Burton cites include: Riskmanagement. Globalization. Burton predicts that China and Brazil will become hubs for globalsourcing.
Such solutions, especially if embedded in spend management suites, can help unify data across the enterprise and fix duplicates and other issues at the source. The permanent transparency helped drive a rationalization of its supply base to improve performance, relationships and deliver savings and lower risk.
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