Nowadays, industries, functions and jobs are transforming at the speed of the light. Procurement professionals are already business executives that need to embrace the change. Fashion words as mega-trends, paradigm shift and disruption are already happening. Procurement is set to bring innovation and become ready for new industries
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When sourcing IT & TECH projects, they are always comparable to the project management framework, where three main concepts exist: time, scope and budget. We can always put the fourth dimension as a quality, positioned in the middle of the triangle
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The SRM framework embraces the below elements.  - Risk management  - Performance management  - Relationship management  If these three taking every corner of a triangle, then the supplier segmentation will be in the middle of the triangle. The latter is very needed for procurement, as it determines which supplier is required as a core competency or supporting the company's competitive advantage.
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