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Concept and development are the two key procurement foundational elements which if built well can lead to a successful procurement. Step 1 Concept The concept stage consists of needs analysis, governance, project planning, research and risk assessment. Each organization has its own process.
The five pillars of the AWS Cloud Value Framework are cost savings (TCO), staff productivity, operational resilience, business agility, and sustainability. To enable a modern procurementstrategy, organizations should: Prioritize total value and return on investment over nominal cost. What actions should we take?
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