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Retailers have faced a tough year in the last 12-18 months, and while recovery seems to be in progress, they still have some work to do. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Rethink What’s Normal. Decentralize Procurement.
The additional costs may also be passed down the supply chain, leading to higher prices for end consumers. This not only affects their product pricing strategy but also impacts their competitiveness in both domestic and international markets.
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