
The Bermuda Triangle of Business Procurement
The message of the procurement as a yield generator has not yet reached all executive management floors. The classic and simultaneously hazardous way to increase turnover through a rise of the marketing and sales budgets or personnel reduction still has priority. The magic formula is called "procurement optimization".
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Global Sourcing - Opportunities for the Future
Globalization is often held responible for downsizing and increasing stress of competition. However, the opportunity to secure jobs and to strengthen one's own business and competitive situation lies in globalization itself. Professional global sourcing not only strengthens the entrepreneurial profit potential, which can be realized by sourcing from competent international suppliers.
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A Guarantee for Success
In the past, the procurement organization has played a subordinate role in many companies. This situation is beginning to change as more managers question the existing structures and processes of their procurement system. And rightly so: Because an efficient buying organization is the prerequisite for a lasting optimization of the purchase pricing system. The organizational models, such as a centralized or decentralized purchasing, still in use today, have proved to be the “ideal way” only in the fewest of cases.
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Purchasing Agenda 2020 – Procurement in the Future
What will have happened to purchasing and the procurement market in the year 2020? What are the effects of political and demographic change, as well as ecological and economical changes?
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