Procurement is a process that involves obtaining and accepting terms and getting goods or services from an outside source. You achieve the process via tendering and competitive bidding. In other words, procurement is deciding to buy under conditions of less availability.
IT procurement challenges revolve around high costs, complex processes, and increased chances of failure. It’s advisable to understand the challenges and address them to succeed in this IT procurement process. By doing this, you’re preventing future problems from arising while undergoing the process.
Here are some of the challenges encountered in the procurement process. Read through this article to know the obstacles you might experience and how to address them.
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