Purchasing and procurement – Best practices and new strategies
Interruptions in production, scarce transport capacities and supply bottlenecks on the one hand, legal regulations, sustainability criteria and increased customer expectations on the other: For smooth processes and business success, procurement professionals face the constant challenge of procuring materials and products at the right time and on the best terms. Online-based platforms and digital networks help to make processes more transparent and to track and monitor transactions in real time. We present tools, trends and measures that play a significant role in mastering the complex requirements in the area of purchasing and procurement and answer questions that concern decision-makers:
- How can purchasing processes be made more efficient and flexible as an integral part of SCM?
- What advantages do digital procurement strategies offer?
- What technologies are available to companies to optimize the purchasing and procurement process?
- How can sustainable procurement be implemented?
In our blog articles, we highlight various aspects of this important business area and offer practical insights into how optimized procurement strategies can form the basis for an efficient and competitive supply chain.