PROCUREMENT
PROCUREMENT IS NO longer just deemed as a necessary corporate activity , but something that can lead to a more streamlined process at all levels of a business . Regular reviewing of a company ’ s procurement practice is an essential strategic function that helps improve an organisation ’ s profitability .
By identifying better sources of supply , raw material prices and costs can be reduced , thus leading to a more valuable product . There are also a plethora of digital , web-based applications to aid working practice and drive growth .
Calor Gas has been supplying fuel to homes and industrial users since 1935 , and is implementing the Wax Digital web3 purchase to pay ( P2P ) application to improve the management of its multi-million pound annual spend and drive further efficiency savings within its transport fleet and specialist field service engineering divisions .
24 August 2014