WHITEPAPER
Strategic Sourcing: Enabling E-commerce Businesses to Strengthen their Position in Australia
Strategic Sourcing: Enabling E-commerce Businesses to Strengthen their Position in Australia
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Transitioning your category procurement strategy beyond cost-saving and into a strategic function of the organization.
Over recent years, there have been various industry developments that served as or caused trends in procurement. These procurement trends include technology changes, novel strategic approaches, new processes, and necessary adaptations to change. As supply chains become increasingly complex, procurement has become highly crucial and influential in the production process and continues to grow.
Leveraging insights gained from procurement KPIs can help companies substantially reduce costs, improve quality, significantly enhance speed-to-market, ensure better supplier relationships, and overcome internal organizational shortcomings. However, various procurement KPIs are assigned to evaluate multiple factors, processes, and systems. Still, companies and supply chain managers must learn to identify and focus on the KPIs most imperative to their business, apart from seven necessary procurement KPIs.
Download our latest whitepaper now to understand more on supply chain trends and best practices to be resilient.
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