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Procurement Demand Management

oboloo Glossary

Procurement Demand Management

Procurement Demand Management is a process used by businesses to ensure that the goods and services they need are available when they need them. It involves the careful management of resources, budgeting, and forecasting to ensure that the right amount of goods and services are available at the right time. This process also involves working with suppliers to ensure that they are able to meet the demand of the business. Procurement Demand Management is a critical part of the overall supply chain process and is essential for businesses to ensure that they have the resources they need to operate effectively. By properly managing procurement demand, businesses can ensure that they have the resources they need to meet their goals and objectives.

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