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Procurement Best Practice is a term used to describe the process of obtaining goods and services in the most efficient and cost-effective manner. It is an important part of Supply Chain Management, as it helps to ensure that the right products are purchased at the right time and at the right price. This process involves the use of various tools and techniques, such as supplier selection, negotiation, and contract management. It also involves the use of technology to streamline the process and ensure that the best possible deals are made.
The Procurement Best Practice market is highly competitive, with many companies offering a range of services and solutions. Some of the leading players in this market include SAP Ariba, Oracle, Coupa, GEP, and Zycus. Show Less Read more