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Concepts: Vendor Rationalization (10 min)

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Vendor Rationalization is one of the most important exercises of the annual budgeting process. It is the process of distributing the past 12 months of expenditures to every department, function, or budget owner and having them justify why the company might need them next year... or why they do not! Trust me, there is always waste to be identified and savings to harvest. Be the hero who helped the company save thousands of dollars. Check it out!

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