Changing business needs, compliance gaps and below-par supplier performance can all erode identified savings. Proactive management of these is integral to ensure that suppliers and contracts deliver meaningful savings and value. Abstract can help organise the resources of procurement teams to allow them to focus their time and conduct in depth market analysis on their organisations supply market in order to fully leverage procurement decisions on behalf of the whole organisation.
Abstracts approach to category management consulting which provides you, the client, with:
Effective inventory management is all about knowing what you have, where it’s stocked, how much you need, supplier risk, market volatility. Easier said than done!