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The 5 biggest problems in automotive procurement (and how to solve them)
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Due to the increasing influence technology has had on the way business is conducted worldwide, it has never been so important to leverage new processes and applications to set organisations apart from competitors, particularly in the supply chain space.
It’s no mystery why indirect spend is often ignored. By its sheer nature, optimization has proven to be incredibly challenging. Unlike direct materials which are often highly engineered, associated with a specific set of approved suppliers, and controlled precisely through ERP and MRP technologies, indirect spend is comprised of a highly fragmented group of suppliers that vary by business unit (BU) and plant. These suppliers represent 1000s of sub-categories of goods and services and are...