From the course: Project Management Foundations: Procurement
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Automate procurement processes
From the course: Project Management Foundations: Procurement
Automate procurement processes
Modern procurements require modern technology. Embracing this change is no longer optional. Why you ask? Well, procurement management has a lot of moving parts, and I do mean a lot. So how is a stretch-to-the-max multitasking project manager supposed to juggle it all? Luckily, there are tools available to help you out. Today, online tools can streamline the way you solicit, receive, evaluate, and award opportunities. Also, these same tools offer a repository where procurement documents can be stored, advertised, and accessed when needed. Dave Young, a senior executive at CenturyLink, summed up this evolution best when he said, "Really what we have to do is get in a new culture, a new rhythm around how we embrace technology, how we use technology, and it's not through contract change anymore." "We've got to break that mold and move more toward understanding technology and how technology is adapting." In other words, yesterday's technological innovations are today's dinosaurs. It's time…
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