Strategic procurementStrategic Procurement

Procuring goods and services is a core function of sustaining and growing your business. Effective and sustainable accounting practices will often lead to a better performing inventory. For example, implementing a system that analyses reports on a daily basis against inbound and outbound product
will help capture order or stock discrepancies - it also identifies the relevant cost or product driver.
This encourages transparency across the supply chain.

Strategies to strengthen your business functions include:

  • e-procurement
  • e-sourcing
  • budget analysis for manufacturing and services industries
  • just-in-time and lean methodologies
  • materials requirement planning and manufacturing resource planning
  • supply chain management
  • life cycle costing
  • triple bottom line analysis

 

 
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