Leveraging Procurement for a Competitive Advantage in Private Equity
The big picture: Robust procurement and supply chain management play a strategic role as pivotal drivers of value creation and operational excellence.
Why it matters: A strategic procurement can help firms unlock value and drive performance improvements to achieve the most value out of the supply base at the lowest total cost of ownership.
How it works: Steps to implement a strategic procurement program include conducting a spend analysis, developing and executing a sourcing wave plan, managing...