The Pros and Cons of Hiring Strategic-Procurement Sourcing Consultants
If your company is looking to grow and expand, you may be looking at putting together a strategic procurement plan. This involves putting together a buying plan that allows you to buy items when it is most cost effective to do so while buying just enough so that your business has enough money to grow and sell the products before they go bad or become outdated. Everything from the vendors you buy from and the time of year you buy certain items to bulk discounts and how much your company is expected to grow every year need to be looked at when you are developing a strategic procurement plan.