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With the current economic situation, every organization is grappling with higher market velocity, lower margins, increased supply risk, and the immediate need for new ways to maximize bottom-line cost savings. As a result, procurement has become a key corporate function entrusted with protecting corporate profitability. This video outlines the key drivers that modern procurement organizations are embracing to weather the current economic climate while positioning their organizations for sustainable savings and procurement optimization. You'll learn about:

· The increasingly strategic role of procurement
· Supplier collaboration as a key growth area
· The important of business and technology integration
· The expanding role of technology as a procurement enabler

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