Guest article by Marie Simpson, AP Project Manager, Dairy Crest
Guest article by Magali Michel, Director at Yooz
Procurement process costs account for an average of 60% of turnover for most companies.
On one hand, it highlights the considerable extent of savings that can be derived by optimising the procurement function.
On the other hand, it underlines the overriding influence of suppliers on business performance, largely setting the conditions for companies’ ability to face exacerbated levels of competition and restrictive standards, while continuing to meet the ever-growing demands of their own clients.