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Growth in IT spend from 2016-2022, including hardware, software, and services spend (2021 and 2022 spend values are estimates). Source: Statista (2021). Back each other in times of crisis : While riskmanagement has become key in today’s day and age, occasionally, there are crises that no one can predict.
How strategicsourcing, cost management, and cost avoidance strategies can be applied to indirect spend. While these investments can lead to long-term benefits, they can also strain a company’s financial resources and require careful planning and riskmanagement.
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