A mid-sized pet food ingredient supplier had a change of ownership to a PE firm. Purchasing of maintenance and other operating items was done at each of the company’s six locations with no coordination or leverage.
In today’s inflationary environment, efficient and effective S2P is essential. With the right all-in-one platform, you can turn incomplete and outdated procurement operations into a source of cost savings, transparency, value creation, and productivity.
When it comes to efficient procurement, the opportunities for your enterprise are endless. And while it’s important to highlight the benefits of what solid procurement strategies can do for your company, discussing the aspects of poor procurement is just as essential.