Transparency and Transformation
Transparency and Transformation
Does your Purchasing department save money or is it just another link in the Supply Chain? Are the buyers working on spend that really matters?
Some companies miss opportunities because they underestimate the significance of their spend. Getting a clear view is made difficult because of complexities like multiple systems, or having a decentralized structure.
Transparency to the enterprise spend is a prerequisite to having an effective strategic sourcing organization.
Get Higher Returns on your Investment in Supply Management
Buyers often get bogged down by transactional activity, and lose sight of the larger more important spend. Effective buyers are usually focused on analytics, strategy, and sourcing. Shifting the focus from transactional to strategic sourcing is one of the key elements in any Purchasing transformation.
There is significant upside potential in changing how a company manages its spend. Transformation is a fundamentally simple approach that improves transparency and financial performance, lowers structural cost, and improves customer satisfaction.