The Sourcing Forum of the European Chamber invites Members to join the upcoming meeting focusing on the impact of procurement in a company.
How can the procurement department in an importing or manufacturing company help drive bottom-line results? What KPIs to track? What are the best practices and when are they applicable?
Costs keep rising for nearly all companies in China. The old model of pitting suppliers in competition with each other has shown its limits. It is time for purchasers to adopt a more strategic and forward-looking approach in their company, and to engage suppliers in a different way. This is the way certain importers have managed to cut the total cost of ownership of the products they buy.
In addition, we will look at best practices when it comes to managing a procurement department: how to keep costs low, how to minimize mistakes, how to reward the best suppliers, and what KPIs to follow?
Join us to learn from experts about the best procurement practices and share your experience with other professionals during our Forum!