A world of procurement

For most companies and organizations, whether big international firms, small and medium size companies or governmental organizations, procurement represents 40% to 80% of their turnover or total budget.

Companies in competitive markets have demonstrated that professional procurement and supply chain management is key in turning around profits.

In today’s world, all organizations and business models need to align their procurement strategies and supplier relationships with their overall business objectives in order to achieve:

• Market growth
• Extended geographical presence
• Risk management
• Increased margins and increased competitiveness
• Strategic innovation
• Improved cash flow management
• Ethical and sustainable supply base

To date, few organizations have created a procurement function able to drive the maximum of these benefits.

The purpose of Buy.O, premier quality consulting dedicated to Procurement and Supply Chain, is to help its customers to access to worldwide best practices.