Doom looms or opportunity awaits

How to harness procurement and purchasing to maintain profitability in an uncertain world

There’s an established approach to the management and improvement of a company’s supplier base, which has been demonstrated to consistently deliver tremendous value. However, recent observations suggest that it is being abandoned for quick results in the name of agility, cost advantage, and the right to trade-off one supplier against the other.

At Oliver Wight, we are concerned that organizations are unaware of the huge loss in value (and hidden costs) this brings but they also don’t have the fundamentals in place to even start to release this value.