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Procurement Saving Techniques

  1. Review, Aggregate and Consolidate Purchase Requirements & Deliveries
  2. Review and Renegotiate existing contracts based Total Cost
  3. Avoid/Reduce Maverick Spend
  4. Optimize Supplier Base, Inventory, Centralized / Decentralized Purchasing, Catalog Purchasing
  5. Value Analysis & Value Engineering, Review Specifications
  6. Train and Educate procurement team
  7. Process Automation
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