Revolutionize Your Business: How Strategic Purchasing Can Boost Success
Purchasing is a crucial function in companies, responsible for managing relationships with suppliers to get the goods and services needed. It involves strategic sourcing (planning, selecting suppliers) and operative procurement (ordering, paying). The goal is to ensure timely supply, control costs, and boost innovation and competitiveness. Tools like the Kraljiĉ-Matrix and lever analysis help achieve these goals. Industrial firms spend a lot on supplies, making purchasing a key factor in their success.