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Billions of people are being affected by the new COVID-19 pandemic, setting off an unprecedented global health crisis.
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Procurement outsourcing constitutes a growing dimension of corporate procurement strategy.
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Reverse auctions as a tool have been around since the late 1990’s. They have been used in the Fortune 2000 to obtain more favorable pricing, to reduce cycle times, and to lower overall supply costs.
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A growing number of large companies are forcing suppliers to bid through reverse auctions. Here’s how to survive one with your margins intact.
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