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Catalog Management in Procurement: What Is It, Types of Catalogs, Challenges and Best Practices To Manage Them

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. They include products or services sourced from multiple suppliers or distributors and are standardized according to the company’s requirements. So there can still be a risk of out of date data.

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Horizontal vs. Vertical Integration: A Comprehensive Guide

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Amazon’s acquisition of Whole Foods in 2017 exemplifies a horizontal integration strategy, as it allowed the e-commerce giant to enter the grocery market and enhance its physical retail presence.