Rachel Henney’s Post

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Procurement Innovator & Leader | Data-Driven Growth | Workflow Optimization | S2P Expert | Program & Change Management Strategist | Third-Party Risk Governance | Supplier Management | Business Transformation

Centralizing procurement activities enables businesses to have clearer insights into their spending and supplier networks, thereby boosting their risk management capabilities. Through centralized procurement, companies can more effectively identify potential risks such as supplier non-compliance and price volatility. This increased visibility empowers proactive risk mitigation strategies, aiding organizations in addressing issues before they escalate and minimizing their impact on operations and financial performance. Read Velocity Procurement's latest blog to learn more! #procurement #riskmanagement

Velocity Procurement on LinkedIn: Learn about the role of centralization in vendor procurement and how it…

Velocity Procurement on LinkedIn: Learn about the role of centralization in vendor procurement and how it…

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