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Chapter 10. Demystifying e-Procurement: ... > e-Procurement Analysis and Administr...

e-Procurement Analysis and Administration Applications

Buy-side functionality alone is not enough. Procurement professionals also need more sophisticated technology to increase their effectiveness and to extend their responsibilities beyond their traditional role in purchasing direct production materials and shop-floor MRO spending.

Figure 10.7 illustrates the detailed requirements for succeeding as a procurement professional. The core competency of a successful and effective procurement strategy is the application of spending analysis and planning across the entire spectrum of procurement activities.


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