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What Are the Most Important Steps to Reducing Costs When Engaging in Modern Technology Procurement?
Supplier management can be expensive. Did you know that companies could save up to $6 million annually in supplier spend by leveraging trusted supplier data quality? Cost efficiency, cost reduction, and spend analytics continue to be among the top business priorities in supply chain management (SCM) and procurement. Here we discuss the most important steps to reducing costs when engaging in modern technology procurement.