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Remove Resource Reallocation Remove Strategic Sourcing Related Topics
Reduced Overhead Inventory Management Labor Costs Risk Management Offshoring Reduced Costs Right-Sizing Regulations Flexibility Collaborations More Related Topics >
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11 Cost Reduction Strategies in Procurement

Obobo

MARCH 23, 2023

Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Implement strategic sourcing by establishing a long-term plan that balances costs, risks, and benefits.

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