engleski

Benefits of implementing E-procurement

In order to become and remain more cost competitive, companies must keep quality and production time on the same level simultaneously reducing purchasing costs and stock quantities. Purchasing department determines the most desirable vendor source and does its best to acquire them at the lowest prices while maintaining mutually beneficial relationships with suppliers. An efficient purchasing department is vital in achieving a significant profit margin. Its goal is to procure inventory at the lowest acquisition costs.

Procurement ; manufacturing ; supply management ; organization of work

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