NI w/o 24 Mar 2025 Speedy Procurement?
Pulp & Paper Radio International · Pulp & Paper Radio Intl
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Show Notes
Slower procurement processes are generally advised for significant purchases, contrasting with automated systems suitable for low-value, regularly needed items. The author argues that urgency in negotiations weakens a buyer's position, illustrated by an example where patience led to a substantial price reduction. Conversely, a separate anecdote highlights the risks of impulsive, large-scale purchases driven by perceived immediate need, which ultimately proved wasteful. While acknowledging the future potential of AI in streamlining some procurement, the author currently cautions against its premature adoption, emphasizing a thoughtful, rather than hasty, approach.