On average a company spends 45% cents on external purchases for every dollar it earns in revenue..
The bottom line impact these purchasing decisions represent, means that global organisations are increasingly focussing on developing competitive supply chain strategies that support growth and innovation.
The traditionally fragmented supply chain IT infrastructure is no longer capable of supporting the new pressures that today's organisations face, such as global supply chains, shrinking profit margins, and the need to deliver tailored solutions and consistent service levels to customers.
Organisations need more flexibility and end-end process control from their supply chain infrastructure investments to meet these requirements, and emerging technologies are challenging supply chain thinking insider the enterprise as well as amongst enterprises across the value chain.
Best-in-class companies are now seeking enterprise-wide supply chain infrastructure solutions from these emerging technologies to tie together the point solutions that they already have in place.
Supplier Relationship Management (SRM) is increasingly becoming a strategic priority for organisations as they look for new ways to unlock value in their supply chain as a key profit enhancement and cost reduction. these purchasing decicions
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