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However, the greatest overlap is the procurement life cycle or as some refer to it as the Procurement Journey. This two-part series discusses the five steps of the procurement journey beginning with concept and development and continuing with posting, evaluation and award.
To fully harness the cloud’s potential, organizations should shift their mindset and adopt procurement processes that let them successfully evaluate options and choose the best solution. However, outdated evaluation criteria tailored to on-premises infrastructure still commonly shape procurement processes.
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