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Topic:procurement

procurement

Since 2021, aggregated from related topics

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    Procurement refers to the process of acquiring goods, services, or works from an external source. This research area focuses on studying various aspects of the procurement process, such as vendor selection, contract negotiation, supplier relationship management, and cost optimization. Researchers in this field analyze different procurement strategies, tools, and technologies to improve efficiency, reduce costs, and ensure the quality and timely delivery of goods and services. They also investigate the impact of procurement practices on organizational performance, sustainability, and supply chain resilience. Overall, procurement research aims to help organizations make strategic decisions and achieve competitive advantage in the marketplace.

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