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Vendor Quotation Management: Expanding Market Coverage Without Adding Staff
The Hidden Bottleneck in Procurement Most procurement teams believe their limitation is budget or vendor availability. In reality, the constraint is coordination capacity. Vendor quotation management is one of the most labor-intensive procurement activities. Each RFQ requires outreach, follow-ups, comparison, clarification, and documentation. When handled manually, the volume a team can process is capped by staff availability. As a result, procurement teams quietly na
1 day ago2 min read
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