Demand attention_2
17 August 2012
Integrating demand more effectively with procurement would revitalise companies’ supply chains and help to cut costs, says Leslie Ament-Ruder
A demand-driven approach to procurement can reduce purchasing and supply costs by up to 25 per cent a year, as well as reducing sales lost due to lack of stock by over 5 per cent.
Analysing demand - anticipating the needs of the customer - enables a smarter form of purchasing; one that is more attuned to the dynamics of today’s collaborative e-commerce...