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Procurement Service Providers

Using a Third-Party Procurement Provider to Spur Negotiation Success I see this time and time again: when people bring a third-party procurement and strategic sourcing company (like K2 Sourcing) into a…

10 Steps for Negotiating Procurement Cost Avoidance

How to Respond to Supplier Price Increases: Procurement Sensitivity Class To respond more empathetically to salespeople asking for cost increases, I recently took a sensitivity class.  I came up with…

Understanding Current Ratio for Risk Mitigation

What is Risk Mitigation? Risk mitigation refers to the process of taking proactive actions to reduce the likelihood or impact of potential risks and uncertainties that could affect the success of a project,…

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