Financial Times

Procurement comes out of the shadows

Procurement comes out of the shadows

The advent of digital tools has put the back office at the forefront of business strategy.

  • novembre 21, 2018
  • Tempo di lettura min.

Financial Times

Procurement comes out of the shadows

Skilled procurement teams can reduce a company’s purchasing cost base by 8-12 percent — enough for big companies to save billions of euros — but “most companies” only scratch the surface, says Klaus Neuhaus, a partner at Bain & Company. He believes procurement is now “the biggest lever” companies have for optimising costs.

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