sAs IQ Quality Procurement Supporting / Procurement Process Management
Procurement Process Management
In recent years there have been profund changes in the approach to the purchasing duty and role that consistently make it a strategic funtion. Objectives shopping are closely linked to the strategy of competing business. Procurement department take a key role in the proces by managing both - internal and external customer needs and is designed not only to ensure maximum use of all available tools to optimize costs, but also to provide for improvement the company`s competitive position abd its profitability ratios and values.
An important part of costs optimization is concentraction on areas that have the greatest impact on the construction of the company`s value. Cost management seems to be the key and most powerful tool of modern management in Times of downturn and economic crises.
Regarding that`s the essence of the traditional activities of the company is to maximize profit, this objective is soght to be achieved either through actions to increase revenues or reduce costs. In the modern world dominated by the conviction that the greatest opportunities to reduce costs and improve the competetive position and profitability ratios have their basis in a consistent and effective management of purchasing processes.