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The Current Use of Technology in Procurement

There are three principal levers to improving procurement capability – people, process and technology.

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Technology has the potential to make all our jobs easier. But all too often it fails to live up to the hype. And the procurement profession is no exception to the norm. But, curiously, there seems to be a mixed experience with technology throughout the procurement profession? For example, some organisations have benefited enormously from major investment in IT with ERP and P2P systems. Others struggle on with old stock control systems or Excel to analysis bids.

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