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 Procurement's growing importance has been driven by two economic changes: • Increasing competitive pressures are forcing companies to check out procurement as a way of helping boost the main point here. CEOs are searching for areas to chop costs, and streamlining procurement processes is a practicable solution. • A lot of information mill doing more outsourcing. This will make procurement decisions more and more vital that you business vitality. For more information on public procurement, visit our website. There are many ways a highly effective procurement strategy improves performance, including: • Eliminating maverick spending. • Streamlining operations. • Improving supplier relationships. • Increasing bargaining power with suppliers. • Strengthening supplier relationships. • Aligning purchasing decisions with corporate goals and objectives. How Mature Are You Currently? Calculating an organization's procurement maturity involves assessing how close it's to achievi...