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• 21:54, 20 January 2026 RoxannaHoffnung talk contribs created page Understanding Procurement: A Comprehensive Guide (Created page with "<br>Procurement is a critical business function that involves the process of acquiring goods, services, or works from an external source. This process can encompass everything from sourcing and purchasing to negotiating contracts and managing supplier relationships. In today's competitive landscape, effective procurement strategies can significantly enhance a company's operational efficiency and bottom line. This article delves into the fundamentals of procurement, its i...")