procurement

Since ecological and social requirements for sustainable management are not only positive for public image, but are also to a large extent prescribed by law and can also be cost-efficient, it is worth taking a holistic view with regard to corporate environmental management and the economic efficiency of the topic.

Reducing procurement costs for direct and indirect materials, partly through the efficient use of IT systems, optimizing logistics, introducing e-procurement, reducing working capital in the course of implemented purchasing projects through to global sourcing alternatives with corresponding compliance requirements or investment appraisal of a new project are all topics which are not all applied, but which are taken into consideration based on the needs of your company. Sustainable ecological and economical purchasing can influence more than 50 percent of your bottom line, depending on the value added. Give it a try!

Keywords

Category Management, Value Engineering, Delivery Time Optimization, Inventory Optimization, Supplier Evaluation, Make or Buy, ABC and XYZ Analysis, E Procurement, ISO 31000 Risk Management