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  • Essay / Warehouse Procurement Case Study - 1561

    Warehouse services are centralized and have access to supply market information. There is visibility into spend, compliance and performance. Resources, best practices, skills and expertise are shared. Select the maturity level that best describes the warehouse procurement technology. * LEVEL 1: No use of enabling technologies in the management, administration and execution of contractual functions. LEVEL 2: The use of technological applications is limited to basic functionalities (Contract Repository, Document Mgmt. Sys.). Various components of the technology landscape (creation, redlining, negotiation, provisioning execution, etc.) are either unavailable or have not been enabled/configured for use. LEVEL 3: A formal strategy for contract lifecycle management is in place but not actively executed or administered. LEVEL 4: Established governance and control framework, enabled through the use of integrated tools and features (e.g. workflows, alerts, etc.). LEVEL 5: High use of technology applications across all functions (contract drafting, negotiation, document management, procurement execution),