Procurement Control Tower in 2025: Role & Benefits
Procurement Control Tower in 2025: Role & Benefits In today’s business environment, navigating the complex world of procurement is like steering a ship over a vast, ever-changing ocean. The ability to see is critical, and course adjustments must be made quickly. Strategic planning must take centre stage. This is why procurement control towers (PCTs) and […]
Importance of Data Analytics in the Supply Chain?
Importance of Data Analytics in the Supply Chain? The importance of data analytics in supply chain management cannot be overstated. With the increasing complexity of supply chain operations due to globalization and the rise of e-commerce, businesses must use advanced analytics techniques and technologies to gain insights into various aspects of the supply chain, including […]
Increasing Cost Savings through Data-Driven Cost Estimation
Increasing Cost Savings through Data-Driven Cost Estimation The procurement function is taking centre stage in areas of risk mitigation, cost reduction, innovation, and guaranteeing overall business continuity as the COVID-19 Epidemic affects every facet of the business landscape. Supply cost reduction is proving essential for protecting and growing operating margins as businesses around the world […]
