Expert insights. Personalized for you.
Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. Important Digital Procurement Trends. What Is Digital Procurement? MORE
The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers. Procurement is strategic! Now is the time for Procurement to SELL! MORE
Featuring Our 10 Best Inventory Management Articles! Our latest “Featuring” series article covers the topic of Warehouse and Distribution Centre order fulfillment. So take some time and check out our very best Warehouse and Distribution Centre fulfillment articles! Check out another of our “Featuring” articles. The link below is to our top Procurement and Purchasing articles. Featuring Our 12 Best Procurement Articles! MORE
Featuring Our 12 Best Procurement Articles! Procurement drowning in data article and permission to publish here provided by Sam Jenks at kodiakrating.com. Meanwhile, 60% of procurement teams have no tools or rely primarily on improvised systems for Supplier Management. MORE
This is the third article in a series. The first two articles covering Bespoke Procurement and Project-based procurement. Category procurement is perhaps the most common break down for. Procurement teams and certainly is the most focused on in terms of. written articles. Often these articles are focused on specific. It would be a very long article if I were to try to cover category by category and explore all aspects. procurement. MORE
Claritum Article - Procurement Blog. Many medium sized businesses are also looking at diversity in their supply chains, for the reasons explained in this article. A global US based banking organisation recently contracted with a Woman-Owned Small Business (Highroad Press) to outsource Print procurement and at the same time realise savings through early payment discounts for suppliers. See additional article on managing diversity in the supply chain: [link]. MORE
Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. We’ve all heard of the need for Procurement to embrace the Digital Transformation for many years. There are few procurement-specific personality surveys available. However, I am aware of one from Pierre Mitchell that found the Myers-Briggs ESTJ type is the dominant one in procurement with over 20% of survey takers. Time to Look into the Future of Procurement! MORE
IKEA article originally published by, and permission to publish here provided by, Sam Jenks at [link] . Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. If you don’t have a Supplier CoC, I’d strongly suggest looking into developing one with your sourcing and procurement team. It’d be interesting to hear your thoughts of this article/IWAY. MORE
Today’s WSJ front page shares the important role of one of Apple’s top senior executives who runs much of the procurement and supply chain activity for Apple – Tony Blevins. The WSJ article goes on to mention how Mr. Blevins has adapted some shrewd negotiation approaches to challenging situations where cost savings were critical to preserve Apple’s margins in an increasingly competitive smart-phone environment. He wanted to weaponize procurement in a short-term way. MORE
Article and permission to publish here provided by Nikita S at [link]. Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. This is particularly apparent if you are hiring a Procurement professional, you are looking for a Procurement job, you are looking to outsource anything, or you are dealing with Procurement people in the course of conducting business. Which are the key Procurement metrics? MORE
Or it may be an executive mandate driven by a leadership change or the arrival of an individual who understands the earnings contributions or growth that a well-run procurement organization can deliver to an enterprise. No Time Like the Present for Procurement Technology. MORE
Claritum Article - Procurement Blog. Technologies and Procurement Table. There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. This article summarises, as a table, technology areas that impact on Procurement that you might need to investigate. 2 Technologies and Procurement Table. Virtual Procurement Agents. MORE
Claritum Article - Procurement Blog. Project and Category Procurement Differences. Category-based Procurement Examples. The Inherent Challenges of Category-based Procurement. Characteristics of good Category Procurement Activity. Associated articles. This is the third article in a series. The first two articles covering Bespoke Procurement and Project-based procurement. Project Procurement. 8 Associated articles. MORE
We have received a lot of questions regarding the different roles in procurement. Good thing we got a long-time friend and our Supply Chain & Procurement Consultant, TRENT MORRIS, to tell us more about it in the video below! Related articles on this topic have appeared throughout our websites, why not check them out? Robobyrne: Procurement Tips. Supply Chain Secrets: What is Procurement vs. Purchasing? MORE
In my last two articles ( here and here ) I’ve been talking about the need for Procurement to think about how we can move beyond our historical transactional role and embrace approaches to help drive competitive advantage and real value for our organisations. What is also particularly interesting given the topic of our last article is that much of the innovation which led to this improvement came from close collaboration between the teams and their supply chains. MORE
Hey Procurement! Article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. Maybe we are camouflaging procurement with language: if no-one else understands what we do (or say) we will be safe from being replaced or consumed by other functions. MORE
Claritum’s top ten 2021 predictions for Procurement. Medium sized organisations will use procurement automation and buyer portals in the cloud, to address concerns of spend management, remote working and data security. Read the article at claritum.com. MORE
Procurement language article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. Maybe we are camouflaging procurement with language: if no-one else understands what we do (or say) we will be safe from being replaced or consumed by other functions. MORE
For Procurement leaders in particular there couldn’t be a better time to do so. A recent study by the Hackett Group found that only 63% of Procurement organizations have even developed a plan for digital transformation. A Forrester study on enabling smarter procurement found only 22% believe their reporting and analysis is where it should be and only 22% that they have the required agility to respond to changing requirements. You can also see this article on LinkedIn. MORE
Procurement is a core function in every single company. Whether purchasing goods or services to support the company’s product offering or purchasing goods or services to support the infrastructure and operation of the company, Procurement is key. Depending on the type of industry you are in the Procurement of goods and or services can be the largest, or one of the largest, expense areas. What Exactly is Procurement? What Exactly Is Procurement? MORE
Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key resource within the business. MORE
Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. Basing this on the many articles I have read covering this subject. I rapidly came to the conclusion that these articles were excellent at the helicopter view of the challenges, however seemed unable to apply categorisation to the challenges. These two procurement domains have distinctly different challenges. MORE
A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. Supplier Data is at the core of every procurement activity, and it is critical for those dealing with direct materials in manufacturing. MORE
Claritum Article - Procurement Blog. Related articles. The purchase of goods and services can be split into two primary procurement domains: The Strategic Core purchases that enable an organisation to produce their product or service (called Strategic Spend by many organisations). The non-strategic products and services that need to be procured for individuals to carry out their job function. Applying procurement resources to establish suitable contracts. MORE
Claritum Article - Procurement Blog. Many medium sized businesses are also looking at diversity in their supply chains, for the reasons explained in this article. A global US based banking organisation recently contracted with a Woman-Owned Small Business (Highroad Press) to outsource Print procurement and at the same time realise savings through early payment discounts for suppliers. See additional article on managing diversity in the supply chain: [link]. MORE
Claritum Article - Procurement Blog. Project and Category Procurement Differences. Table of the key differences between Project and Category based procurement. Types of activity suitable for Project based procurement. The inherent challenges of project-based procurement. Characteristics of good Project Procurement activity. Associated articles. Project-based procurement occurs when there is a specific project activity and goal. MORE
ARTICLE SUMMARY. For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed, all with specific roles to play. We have had a lot of questions concerning the different roles in procurement. MORE
Article created and originally published by, and permission to publish here provided by, “SK” Sanjeev Kumar Roy. Check out What Exactly Is Procurement? The last few years have seen a lot of real (and over) hype associated with the emergence of Software Robots (called Bots/Bot) which are disrupting the legacy procurement processes involving human interface. The following characteristics make a process more-bot-able: Which areas of Procurement are more “Bot-able”? MORE
7 KPIs Your Procurement Team May Be Ignoring! Article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. Procurement is a business function that has undergone a lot of change in the last few years. As a believer in the power of procurement, this recognition makes me happy. But, we can’t begin our journey towards the future of procurement excellence in a ’93 Escort. Subscribe Here! Email Address. MORE
Article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. In this post, I’d like to suggest a mapping of a digital procurement ecosystem, dive into the necessity for these functionalities, and draw some conclusions as to how these focus areas can drive performance in an overall procurement organization. When building a digital procurement and sourcing ecosystem, it’s important to dig into your existing procurement process. MORE
Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". As I’ve mentioned in previous articles supplier relations are an essential component of a sustainable and functional supply chain. Procurement MORE
WHAT ROLE CAN PROCUREMENT PLAY ON FREIGHT EXPENDITURE? Let us listen to our favorite purchasing and procurement consultant, Trent Morris, as he gives tips on freight procurement. Watch the video below: Related articles on this topic have appeared throughout our websites, why not check them out? Robobyrne: Procurement Tips. Supply Chain Secrets: What is Procurement vs. Purchasing? MORE
Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing. We have worked in hundreds of different industries and spend areas over many years in thousands of procurement projects. The Next in Procurement. MORE
Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. It’s important that procurement teams take into account the new risk reality and challenges that face them, their organizations and their value chains. MORE
As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore? Much of our focus in the last twenty years or so within the procurement profession and within our specific procurement functions has been on what we might call the “Science of Procurement”. Author: Peter Smith , Managing Director at Procurement Excellence Ltd. MORE
The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers. Procurement is strategic! Now is the time for Procurement to SELL! The Procurement Value Chain Continuum. Procurement 101. MORE
Supply Chain Game Changer
JANUARY 21, 2021
Featuring Our 12 Best Procurement Articles! Procurement drowning in data article and permission to publish here provided by Sam Jenks at kodiakrating.com. Meanwhile, 60% of procurement teams have no tools or rely primarily on improvised systems for Supplier Management.
ivalua
MARCH 28, 2019
As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore? Much of our focus in the last twenty years or so within the procurement profession and within our specific procurement functions has been on what we might call the “Science of Procurement”. Author: Peter Smith , Managing Director at Procurement Excellence Ltd.
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Logistics Bureau
DECEMBER 9, 2020
ARTICLE SUMMARY. For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed, all with specific roles to play. We have had a lot of questions concerning the different roles in procurement.
Claritum
AUGUST 23, 2019
Claritum Article - Procurement Blog. Many medium sized businesses are also looking at diversity in their supply chains, for the reasons explained in this article. A global US based banking organisation recently contracted with a Woman-Owned Small Business (Highroad Press) to outsource Print procurement and at the same time realise savings through early payment discounts for suppliers. See additional article on managing diversity in the supply chain: [link].
Claritum
AUGUST 23, 2019
Claritum Article - Procurement Blog. Many medium sized businesses are also looking at diversity in their supply chains, for the reasons explained in this article. A global US based banking organisation recently contracted with a Woman-Owned Small Business (Highroad Press) to outsource Print procurement and at the same time realise savings through early payment discounts for suppliers. See additional article on managing diversity in the supply chain: [link].
Supply Chain Game Changer
SEPTEMBER 9, 2020
Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. Important Digital Procurement Trends. What Is Digital Procurement?
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Supply Chain Game Changer
JANUARY 21, 2020
Procurement language article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. Maybe we are camouflaging procurement with language: if no-one else understands what we do (or say) we will be safe from being replaced or consumed by other functions.
Supply Chain Game Changer
JANUARY 9, 2019
Article and permission to publish here provided by Nikita S at [link]. Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. This is particularly apparent if you are hiring a Procurement professional, you are looking for a Procurement job, you are looking to outsource anything, or you are dealing with Procurement people in the course of conducting business. Which are the key Procurement metrics?
Claritum
MARCH 10, 2020
Claritum Article - Procurement Blog. Project and Category Procurement Differences. Category-based Procurement Examples. The Inherent Challenges of Category-based Procurement. Characteristics of good Category Procurement Activity. Associated articles. This is the third article in a series. The first two articles covering Bespoke Procurement and Project-based procurement. Project Procurement. 8 Associated articles.
Claritum
FEBRUARY 24, 2020
Claritum Article - Procurement Blog. Project and Category Procurement Differences. Table of the key differences between Project and Category based procurement. Types of activity suitable for Project based procurement. The inherent challenges of project-based procurement. Characteristics of good Project Procurement activity. Associated articles. Project-based procurement occurs when there is a specific project activity and goal.
Supply Chain Game Changer
MARCH 28, 2020
The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers. Procurement is strategic! Now is the time for Procurement to SELL!
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Supply Chain Game Changer
APRIL 15, 2020
Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. It’s important that procurement teams take into account the new risk reality and challenges that face them, their organizations and their value chains.
Logistics Bureau
JULY 16, 2020
WHAT ROLE CAN PROCUREMENT PLAY ON FREIGHT EXPENDITURE? Let us listen to our favorite purchasing and procurement consultant, Trent Morris, as he gives tips on freight procurement. Watch the video below: Related articles on this topic have appeared throughout our websites, why not check them out? Robobyrne: Procurement Tips. Supply Chain Secrets: What is Procurement vs. Purchasing?
Claritum
NOVEMBER 23, 2020
Claritum’s top ten 2021 predictions for Procurement. Medium sized organisations will use procurement automation and buyer portals in the cloud, to address concerns of spend management, remote working and data security. Read the article at claritum.com.
Claritum
MAY 12, 2019
Claritum Article - Procurement Blog. Technologies and Procurement Table. There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. This article summarises, as a table, technology areas that impact on Procurement that you might need to investigate. 2 Technologies and Procurement Table. Virtual Procurement Agents.
Logistics Bureau
JULY 8, 2020
We have received a lot of questions regarding the different roles in procurement. Good thing we got a long-time friend and our Supply Chain & Procurement Consultant, TRENT MORRIS, to tell us more about it in the video below! Related articles on this topic have appeared throughout our websites, why not check them out? Robobyrne: Procurement Tips. Supply Chain Secrets: What is Procurement vs. Purchasing?
Cerasis
NOVEMBER 28, 2016
Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". As I’ve mentioned in previous articles supplier relations are an essential component of a sustainable and functional supply chain. Procurement
ivalua
APRIL 5, 2019
In my last two articles ( here and here ) I’ve been talking about the need for Procurement to think about how we can move beyond our historical transactional role and embrace approaches to help drive competitive advantage and real value for our organisations. What is also particularly interesting given the topic of our last article is that much of the innovation which led to this improvement came from close collaboration between the teams and their supply chains.
ivalua
JANUARY 22, 2019
For Procurement leaders in particular there couldn’t be a better time to do so. A recent study by the Hackett Group found that only 63% of Procurement organizations have even developed a plan for digital transformation. A Forrester study on enabling smarter procurement found only 22% believe their reporting and analysis is where it should be and only 22% that they have the required agility to respond to changing requirements. You can also see this article on LinkedIn.
Supply Chain Game Changer
MAY 8, 2019
Hey Procurement! Article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. Maybe we are camouflaging procurement with language: if no-one else understands what we do (or say) we will be safe from being replaced or consumed by other functions.
Supply Chain Game Changer
APRIL 23, 2019
The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers. Procurement is strategic! Now is the time for Procurement to SELL! The Procurement Value Chain Continuum. Procurement 101.
Supply Chain Game Changer
JANUARY 10, 2019
Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. We’ve all heard of the need for Procurement to embrace the Digital Transformation for many years. There are few procurement-specific personality surveys available. However, I am aware of one from Pierre Mitchell that found the Myers-Briggs ESTJ type is the dominant one in procurement with over 20% of survey takers. Time to Look into the Future of Procurement!
Supply Chain Game Changer
NOVEMBER 22, 2018
Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing. We have worked in hundreds of different industries and spend areas over many years in thousands of procurement projects. The Next in Procurement.
Claritum
JUNE 13, 2019
Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. Basing this on the many articles I have read covering this subject. I rapidly came to the conclusion that these articles were excellent at the helicopter view of the challenges, however seemed unable to apply categorisation to the challenges. These two procurement domains have distinctly different challenges.
Supply Chain Game Changer
NOVEMBER 15, 2018
Article created and originally published by, and permission to publish here provided by, “SK” Sanjeev Kumar Roy. Check out What Exactly Is Procurement? The last few years have seen a lot of real (and over) hype associated with the emergence of Software Robots (called Bots/Bot) which are disrupting the legacy procurement processes involving human interface. The following characteristics make a process more-bot-able: Which areas of Procurement are more “Bot-able”?
Supply Chain Game Changer
FEBRUARY 16, 2020
IKEA article originally published by, and permission to publish here provided by, Sam Jenks at [link] . Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. If you don’t have a Supplier CoC, I’d strongly suggest looking into developing one with your sourcing and procurement team. It’d be interesting to hear your thoughts of this article/IWAY.
Claritum
JULY 16, 2019
Claritum Article - Procurement Blog. Related articles. The purchase of goods and services can be split into two primary procurement domains: The Strategic Core purchases that enable an organisation to produce their product or service (called Strategic Spend by many organisations). The non-strategic products and services that need to be procured for individuals to carry out their job function. Applying procurement resources to establish suitable contracts.
Supply Chain Game Changer
NOVEMBER 7, 2019
Article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. In this post, I’d like to suggest a mapping of a digital procurement ecosystem, dive into the necessity for these functionalities, and draw some conclusions as to how these focus areas can drive performance in an overall procurement organization. When building a digital procurement and sourcing ecosystem, it’s important to dig into your existing procurement process.
NC State SCRC
JANUARY 24, 2020
Today’s WSJ front page shares the important role of one of Apple’s top senior executives who runs much of the procurement and supply chain activity for Apple – Tony Blevins. The WSJ article goes on to mention how Mr. Blevins has adapted some shrewd negotiation approaches to challenging situations where cost savings were critical to preserve Apple’s margins in an increasingly competitive smart-phone environment. He wanted to weaponize procurement in a short-term way.
Supply Chain Game Changer
FEBRUARY 11, 2020
Featuring Our 10 Best Inventory Management Articles! Our latest “Featuring” series article covers the topic of Warehouse and Distribution Centre order fulfillment. So take some time and check out our very best Warehouse and Distribution Centre fulfillment articles! Check out another of our “Featuring” articles. The link below is to our top Procurement and Purchasing articles. Featuring Our 12 Best Procurement Articles!
ivalua
JUNE 4, 2020
A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. Supplier Data is at the core of every procurement activity, and it is critical for those dealing with direct materials in manufacturing.
Claritum
NOVEMBER 16, 2018
Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key resource within the business.
Claritum
MARCH 10, 2020
This is the third article in a series. The first two articles covering Bespoke Procurement and Project-based procurement. Category procurement is perhaps the most common break down for. Procurement teams and certainly is the most focused on in terms of. written articles. Often these articles are focused on specific. It would be a very long article if I were to try to cover category by category and explore all aspects. procurement.
Supply Chain Game Changer
MARCH 6, 2019
7 KPIs Your Procurement Team May Be Ignoring! Article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. Procurement is a business function that has undergone a lot of change in the last few years. As a believer in the power of procurement, this recognition makes me happy. But, we can’t begin our journey towards the future of procurement excellence in a ’93 Escort. Subscribe Here! Email Address.
Jaggaer
SEPTEMBER 29, 2020
Or it may be an executive mandate driven by a leadership change or the arrival of an individual who understands the earnings contributions or growth that a well-run procurement organization can deliver to an enterprise. No Time Like the Present for Procurement Technology.
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