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Actually Bob, Corporate America is MORE Wasteful than the US Government

Organized Money

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Inefficiencies in Corporate Procurement

This chapter explores the economic inefficiencies prevalent in large organizations, particularly within corporate procurement processes. It highlights the systemic issues stemming from misaligned incentives that often inflate perceived cost savings while neglecting actual outcomes. The discussion is enriched with real-world anecdotes, including a notable case involving Kraft Heinz, underscoring the dishonesty and dysfunction that can arise in procurement practices.

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