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How to Streamline Your Procurement Process from Weeks to Hours

EC Sourcing Group

How to Streamline Your Procurement Process from Weeks to Hours. When contract management and procurement software first arrived on the scene, overnight it became an easy way to streamline the procurement process. Businesses didn’t have to rely on excel, emails, conversations, and word documents as much as they did in the past.

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Objectives of Procurement Management

EC Sourcing Group

Objectives of Procurement Management. The objectives of procurement management can range from the most general, such as “buying goods and services,” to the more complex, such as “supporting organizational goals within the team.” What Is Procurement Management? Objectives of Procurement Management: Managing Contracts.

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Have You Considered Spend Matters SolutionMap Before Choosing an eSourcing Solution?

EC Sourcing Group

Since the first SolutionMap was published in late 2017, it has been used by thousands of organizations in their evaluations and buying decisions. Procurement professionals must align stakeholders, define critical requirements, issue an RFP, develop a believable ROI and secure a budget to purchase a platform.

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What Is Procurement Management?

EC Sourcing Group

What Is Procurement Management? If you’ve asked yourself, “ what is procurement management ?” the simple answer is that it is a strategic way to manage and optimize the way your organization spends money, typically with the end result of creating a product. What Is Procurement Management? How to Make it Simpler.

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How to Customize Your Procurement Spend Analysis Dashboard

EC Sourcing Group

How to Customize Your Procurement Spend Analysis Dashboard. One of the most important functions in procurement management is the procurement spend analysis process. This is where you will take a deep look at how your organization spends money, but performing an excellent spend analysis does much more than that.