The public procurement profession has historically focused on how money is spent. That’s very logical. Since these folks purchase goods and services that represent 15 to 20 percent of the gross domestic product (GDP) in a given year, it only makes sense. We are talking about billions of dollars here. But it is not enough for today’s procurement professional to know where the money is going; they also need to be aware of where it comes from. Being knowledgeable about the ...

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