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Procurement Support

oboloo Glossary

Procurement Support

Procurement Support is a business term used to describe the process of obtaining goods and services from external sources. It involves researching and selecting vendors, negotiating contracts, and managing the entire procurement process. It also involves monitoring the performance of vendors and ensuring that the purchased goods and services meet the company’s needs. Procurement Support is a critical component of any business, as it helps to ensure that the company is getting the best value for its money. Additionally, it helps to ensure that the company is compliant with all applicable laws and regulations. It is important to have a well-defined procurement process in place to ensure that the company is able to get the best value for its money and that the process is conducted in a fair and transparent manner.

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