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Procurement is not just about saving money; it’s about building relationships and creating value. In this episode, we explore reverse auctions, the impact of technology on procurement, and the role of procurement for different types of businesses. Nick Drewe shares insights from his journey in the procurement sector and addresses the importance of preparation, collaboration, and ethical negotiation in achieving long-term success.

• Introduction to Nick and Market Dojo
• Importance of reverse auctions in procurement
• Planning and preparation needed for successful auctions
• Role of technology and AI in streamlining procurement processes
• Engaging suppliers and building meaningful relationships
• Value of procurement for all types of businesses
• The future landscape of procurement and its evolution
• Key advice for newcomers in the procurement field

A massive thank you to Nick for donating some time to our podcast and sharing insights that we know will be valuable for you listeners. Here is a link to Market Dojo if you want to know more: https://marketdojo.com/

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