Three indicators that prove that your company’s performance is directly linked to that of your procurement chain. Many company directors will confess that they see their purchasing department as costly and inefficient—an obstacle on the road to successful...
3 habits to re-examine when evaluating your procurement chain’s “strategicness” In answer to the question, “Is your company’s purchasing department strategic?”, executives of many companies would tend to answer in the affirmative. But how certain can we be? Numerous...
Is there an untapped source of strength lying dormant inside your organization? People don’t always realize that the purchasing department can have a significant effect on revenue. Surprisingly, it may be managing up to 50% of your company’s sales figure! All too...
You may wonder why a business would ask itself that question. The answer is simple. Any business is bound to benefit from maintaining good relations with its suppliers. Here are three good reasons why you should strive for a beneficial relationship with your...