- Category: General
Speed should be the focus and the forte of a good Procurement process. Why? Because timing is everything, especially for Procurement in Manufacturing. Timely deliveries of raw materials and other goods have an immediate impact on reducing companies’ costs and increasing their revenue. Here is how
- Category: General
Procurement outsourcing market was estimated to be worth approximately $2.2 billion in 2015, with an estimated growth of 12% in 2016. This illustrates how more and more companies are jumping on the outsourcing bandwagon. Read on to find out how to choose the right outsourcing partner.
- Category: Manufacturing
Manufacturing companies are looking at ways to optimize their bottom line by, among other strategies, cutting costs and optimizing operations. If manufacturers look at where their greatest investments are made, it becomes obvious that an optimized Procurement process can be of benefit to their bottom line. Why?
- Category: General
E-procurement systems have made great strides in automating and streamlining the procurement process and have become increasingly popular in corporate America.
We took a closer look to see what advantages outsourcing some procurement activities to a procurement service provider might have over these systems.
- Category: Aerospace
All industry executives know that they must optimize their Procurement operations in order to reduce internal costs, increase profits and safeguard their production from external risks. What is the way forward for Procurement optimization in Aerospace? In this article we explain the challenges and outline some best practices.
- Category: General
Today’s increasingly competitive market is forcing companies to improve operations or face diminishing market share. As internal optimization can be very expensive and complicated and requires time that most companies don’t have, Procurement outsourcing has become an essential strategy for companies to remain competitive.