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Purchasing - March 13, 2008

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How Kodak centralized contracts

Decentralized spend. Outdated contracts. Missed savings opportunities in contracts. Fragmented company policies on negotiation language. Contracts that no one knew were up for renewal. Eastman Kodak Co. had all of those problems, and the company knew it had to tackle them head on, if only just to increase compliance with Sarbanes-Oxley (SOX) mandates.



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