Procurement as a function already justified its strategic importance in organization among other core functions. The main task of Procurement functions in all type of businesses to realize cost reduction opportunities and deliver cost efficiency.
M&S can assist to develop strong Procurement function with SMART KPIs to deliver value to organization.
Without significant re-engineering of procurement function, you organization can obtain savings in the range between 5-20% depending on the level of development. Procurement function is called positively to influence your Nett Profits by delivering cost saving up to 30%.
