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Business
How to continuously improve the procurement process with procurement performance management With procurement taking a more pronounced presence in business operations, the need for continuous improvement in its functions is apparent. Implementing procurement performance management practices is one of the most effective methods to fulfil this need. Procurement has seen a dramatic rise in focused improvement in recent years, especially with the effects of the pandemic. These unprecedented effects alongside volatile geopolitical conditions and unreliable economic performance exposed the myriad of bottlenecks in organisational supply chains.
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