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Advanced Services Procurement


Glossary

What is Advanced Services Procurement?

Advanced Services Procurement enables organizations to collaboratively track locations, usage, depreciation, maintenance, and decommissioning of key assets. The solution promotes collaboration with workflow between stakeholders and suppliers, to manage activities across an asset or tools lifecycle. Assets and Tooling provides centralization and organization, so Procurement has a clear picture of budgetary needs for replacement or maintenance timelines, reducing or largely eliminating unplanned expenses.

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