Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

How can procurement add value to an organization?

user-image
Question added by Fida Abo Alrob , Sr. Copywriter , Imena Digital
Date Posted: 2014/04/02
Manoharan Vallamunji Kasinathan Vallamunji
by Manoharan Vallamunji Kasinathan Vallamunji , Purchase Engineer (Supply Chain Management) , ITR MIDDLE EAST

1) Planning - Procurement enginner plan the items as per the customer requiremnt. and increase the sales to the organisation.

2)  Cost reduction - Pursuing the raw material price, process, volume, transportation cost, currency fluctuation and negotiating with supplier for cost reduction.

3) Cash Flow - Implementing the Kanban system, JIT concept in the organisation to reduce the inventory and increasing the cash flow to the organisation.

4) Delivery Issues - Continuously following with the supplier & transporter for the material to deliver on time to production or customer.

5) Quality - Communicating the customer feed back about the quality to supplier and the continuousl improving the quality of the products with price increase.

6)  New product development -  Introducing the high quality and low cost supplier to the organisation and their by increasing the profits.

etc...

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.