Crafting a Procurement Management Plan to Mitigate the Impacts of Inflation
Precoro
JANUARY 29, 2024
The inflation rate can vary greatly by location — for instance, in 2023 it was 3.4% As the department overseeing an organization's external expenditure, procurement is responsible for softening the impact of inflation. It also serves as a roadmap for how the organization will conduct its purchasing activities.
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