Purchasing Management: Procurement is an underestimated strategic lever
Effective purchasing management goes beyond the creation of a wish list of materials and services to support the production cycle. Those who consider Procurement as non-strategic area, external to the production logic, waste a precious opportunity. Involving purchasing team in decision-making processes can improve business results and increase profits, as well as give a positively impact on cash flow, on the quality of production and on fixed capital in stocks (avoiding the accumulation of extra raw materials and semi-finished products so to invest the capital in a more profitable way).
Relying on an IS Consulting Temporary Manager for the development of a procurement office or of a multi-team of consultants to accomplish a radical change of the buyers and their vision within the company, means transforming a simple transactional process into an elaborate process, which requires collaboration between departments and an integration of company software, as well as an end-to-end control of activities (starting from the definition of the needs of raw materials to be used in production, up to the payment of invoices, passing through inventory, logistics and transport procedures) and the development of strong and consolidated relationships.