10 Procurement Best Practices You Should Be Doing Right Now

As with any business process, there are a set of best practices that should be adopted to maintain business excellence and improve productivity, and the same applies to a company’s procurement process. Procurement best practices are designed to be cost-effective and capable of boosting a company’s revenues, and efficient procurement processes make up a big part of a company’s procurement policy.

While each company has their own tried-and-true procurement process, several methods are gaining popularity with established companies the world over. This article by the team here at ThunderQuote introduces 10 key best practices that should be incorporated into your company’s procurement policy and procurement process to ensure supply chain excellence.

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