What is the difference between traditional procurement and strategic procurement?

Question added by Huseynqulu Ismayilov , Chief Procurement Officer , Sustainable and Operational Sosial Agency
Date Posted: 2014/08/15

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by Sivachandru Loganathan , Sr.Engineer Project Procurement and Strategic Sourcing , Petrofac International Limited

Traditional/Conventional Procurement is done on a need basis, where strategic procurement is purely based on the organization past, present bench marks and future way forward,

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