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Procurement Processes Design

Efficient and effective processes are a prerequisite for a successful business — and even more so for a procurement organization. Optimal process design is crucial to cut down sourcing cycle times, achieve transactional efficiencies and derive maximum value.

With increasingly complex supply chains and globalized operations, enterprises need robust procurement processes in place to achieve the right balance between standardization and flexibility, and to ensure better compliance, control and monitoring.

At GEP, we typically follow a four-pronged approach toward procurement process design to develop best-in-class processes for today's procurement organizations.