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“To
know the road ahead, ask those coming back” - Chinese proverb
and “there is no comparison between that which is lost by not succeeding
and that which is lost by not trying” - Francis Bacon.
With that in mind, here’s a tool - the Purchasing Evaluation. It provides a quick analysis of where your organization is on strategy, strategic sourcing, outsourcing and risk compared to a benchmark and other companies. The Evaluation will provide you with where you’re at, and if and where you need improvement.
How to get your Purchasing Evaluation