10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.
SEPTEMBER 14, 2016
If raw materials are unavailable, all subsequent processes are affected, which may result in increased costs to consumers and the respective companies as well. However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated. Consider Cyber Security Concerns in the Procurement Supply Chain.