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Procurement teams often struggle with decentralized contracting environments where different departments negotiate, store, and monitor agreements independently. This leads to duplicated supplier relationships, inconsistent terms, unmanaged risks, and avoidable spending leakages. Without a unified structure, organizations frequently miss renewal deadlines, fail to enforce negotiated discounts, and lack clarity on total supplier exposure. Such fragmentation weakens …

From Chaos to Control: How Centralized Contracting Transforms Procurement Performance Read More »