Posts Tagged ‘defence’
The purchasing strategy and supplier dependency
How to address supplier dependency in purchasing strategy? In the book „The Everything Store: Jeff Bezos and the Age of Amazon” written by Brad Stone, Amazon’s employees compare trade on the company website to addiction to heroin. When product sales gains momentum sellers fall into euphoria, then into addiction but when Amazon starts to reduce…
Read MoreOptimization of purchasing processes – trends for 2019 part 1
A well-organized and efficient purchasing department has an unquestionably positive effect on the organization’s financial results. Daily work of buyers is strongly connected to minimization of costs and risks in the supply chain. However, over the last years we can observe transformation of the function that will impact work of buyers and managers. Those changes…
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