CIPS L3M3 - What is a Spot Purchase Contract?
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CIPS L3M3 - What is a Spot Purchase Contract?
This video thoroughly explains `what is` a spot purchase contract, providing a clear `definition` and `meaning` for this specific type of agreement. We clarify its purpose and practical applications in `purchasing` and `procurement` operations. Understand how businesses utilize this flexible approach for immediate needs.
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