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Summary of Technology in Procurement

The purpose of this paper is to understand what technology is currently available to aid purchasing and how this can interact with the supply chain, internally, and externally with customers and suppliers.

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The intention of this paper is not to explain the concept of the technology in detail but to look at an overview of the technology and provide reference to other CIPS guidance (which can be identified by references in italics throughout this document) where possible, in order to avoid repetition and to keep this document concise. Technologies as described in this paper are no substitute for the development of comprehensive and robust sector or commodity strategies. Technology only facilitates the development and delivery of a good strategy.

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