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The risks in the process of entrusted procurement

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tisce View Drop Down
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    Posted: 18 Feb 2024 at 3:30pm

Unreliable Suppliers: Choosing unreliable suppliers can lead to problems such as poor product quality, delivery delays, price fluctuations, or other issues.

 

Compliance Issues: Failure to comply with relevant regulations and policies can expose companies to risks such as fines or legal disputes.

 

Poor Communication between Parties: Communication difficulties due to language, cultural differences, and other factors can lead to misunderstandings or conflicts between the parties.

 

Information Leakage: If the entrusting party fails to protect business secrets and sensitive information during the procurement process, it may lead to information leaks and other security risks.

 

Internal Management Issues of the Entrusting Party: Poor internal management of the entrusting party can lead to problems such as operational errors, omissions, or fraudulent behavior during the procurement process.

 

By choosing TISCE's one-stop procurement services, you can free up valuable resources and time, while benefiting from the support of a professional team and advantageous procurement conditions. By partnering with us, you can focus more on your core business and achieve higher efficiency.

 

Contact us now and let TISCE provide you with a one-stop procurement solution! We are currently running a promotion, where you can register with TISCE for a free trial!

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