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In Procurement, the efficiency of the Sourcing function is often hindered by large volume of low dollar transactions. A Sourcing manager typically devotes higher focus on more strategic and complex projects and consequently, the low dollar transactional requests continually get pushed back in priority. When these low dollar transactions are finally looked at – many times due to the requestors or stakeholders’ escalation to the CPO – two common scenarios are likely to occur.

 

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