Procurement
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Explore more → **Procurement**
What is Procurement?
Procurement refers to the process of acquiring goods, services, or works from an external source. It typically involves activities such as identifying needs, sourcing suppliers, negotiating contracts, and managing orders until delivery and payment. Procurement is a critical business function as it directly impacts an organization's costs, efficiency, and risk management.
What other technologies are related to Procurement?
Procurement Competitor Technologies
Oracle Fusion Cloud Applications
Oracle Fusion Cloud Applications provides procurement modules that directly compete with other procurement solutions.
SAP Ariba Supply Chain Collaboration
No summary available
SAP Ariba is a direct competitor, offering comprehensive procurement and supply chain management solutions.
Number of organizations that mention technology
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Procurement Complementary Technologies
Inventory
Inventory systems provide data on available stock, crucial for procurement decisions and supply chain optimization.
Inventory Management
Effective inventory management ensures optimal stock levels, reducing carrying costs and preventing shortages, which aligns with efficient procurement strategies.
Manufacturing
Manufacturing systems create demand for raw materials and components, directly impacting procurement needs and sourcing strategies.
Number of organizations that mention technology
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Which job functions commonly mention Procurement?
Workday Administrator
0.4% of all Workday Administrator jobs mention Procurement
View 122
jobs on Sumble
SAP Administrator
0.2% of all SAP Administrator jobs mention Procurement
View 619
jobs on Sumble
Supply Chain
0.1% of all Supply Chain jobs mention Procurement
View 147
jobs on Sumble
Consultant
0.1% of all Consultant jobs mention Procurement
View 537
jobs on Sumble
Information Technology
0.1% of all Information Technology jobs mention Procurement
View 961
jobs on Sumble
Which organizations are mentioning Procurement?
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