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Purchasing can be a profit center - May 2007
It’s that time of the year again for budget battles. As leader of the purchasing department you go to bat for your department looking for more resources and people. You are shocked when you are asked to cut your department’s costs and even head count as your company seeks to cut costs. But armed with the right set of agreed-upon and understood objectives and information about the results of your department, you can turn the perception of your department as a cost center to a profit center and get the resources needed.
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