Observations Even at present, a large proportion of companies and their staff still use only standard procurement models, focusing mainly on the adequacy of material flows to their plants. An astonishing proportion of buyers and procurement managers don’t even see the...
Check out the graphs below to understand the importance of the whole cost structure of your purchase items without forgetting landed cost. See below in pic 1 a cost structure of a simple sheet metal part (made of steel) costed in 3 different manufacturing bases....
The goal of both is traditionally to get the best price. Because the objectives are opposite, in practice it means sometimes long and unnecessary RFQ rounds, depending on the objectives of the companies. Our goal is to remove barriers to trade by increasing the...
