Catalog Management in Procurement: What Is It, Types of Catalogs, Challenges and Best Practices To Manage Them
Planergy Software
JANUARY 18, 2024
How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. There are two types of external catalogs – vendor self-managed and punch-out catalogs. This is the most time-consuming type of catalog since it can quickly go out of date and requires frequent updates.
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