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Top 3 challenges procurement teams face

Top 3 Challenges Procurement Teams Face

In the past few years, procurement has undoubtedly proven to be a crucial function of an organization’s strategy to lower costs, increase efficiencies, and maintain business operations. Procurement teams are facing unprecedented challenges with inflation, supply chain disruption, and prioritizing purchases. This white paper covers the top 3 challenges procurement teams are facing in 2022 and how to mitigate them.

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Included in this white paper:

  • The importance of determining economic lot size (ELS) and how to deal with inflation factors
  • The top supply chain challenges being faced right now and how to proactively plan for mitigating these in the future
  • How to prioritize purchases and the benefits of working under categories

If you have any questions or would like to know if we can help your business with its innovation challenges, please contact us here or email us at solutions@prescouter.com.

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