Controlling corporate purchasing costs and mastering the dynamics of supplier markets

As the pressure of competition intensifies and low-cost countries impose themselves on the global scene, businesses must seek new sources of productivity.

Long considered a cost-reduction function exclusively, the supply chain is now an essential lever for this transformation. It is taking on decisive importance in a growing number of companies.

Pressed by shareholders and customers to create ever greater value, especially in the context of the recent economic slowdown, businesses are focusing their efforts on reducing – or at least strictly controlling – their costs.

The goals of both private and publicly-owned companies are buying at the best prices and under the best conditions, and optimizing supplier relations, as well as their products, distribution flows and inventory.

The supply chain specialist plays a vital role in achieving these goals.