Procurement has come out of obscurity and into mainstream business. As a function, it has evolved through a series of challenges, growing from a minor function within finance or operations, to become one of the most important components of modern corporate management.

12. Procurement has come out of obscurity and into
mainstream business. As a function, it has
evolved through a series of challenges, growing
from a minor function within finance or
operations, to become one of the most
important components of modern corporate
management.
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