Major investments are usually carried out every 5–10 years and they have a significant impact on the success of the company. Therefore, you should harness the best specialists to implement these projects. What must be taken into consideration regarding factory investment projects and what agreements should be made? Take a look at the Factory Investment Checklist created by our specialists, in which you will find a wealth of information learned through practice to help you implement successful investments.
We can carry out an individual development project or choose the cooperation model of continuous service. The effectiveness of procurement on business operations is increased further according to how purposefully and to what extent the partnership is implemented – which also means bigger result below the line. Procurement specialists that are seamlessly integrated into your organization can also quickly improve the level of competency and coping in a rush. The development partnership and resourcing partnership adapt to all procurement phases and situations.
Are price and delivery time essential or do you use procurement levers to increase your competitive ability and even target market leadership? Different companies have different situations and different objectives. One company may be at a completely sufficient level to operate as a tendering party one project at a time, while elsewhere an international publicly listed company has come a long way towards pursuing a world-class procurement ecosystem.
It pays off, but is not necessarily required. The best thing is to proceed hand in hand with the objectives of the business operations. What makes procurement great, is the fact that a company can always develop and changes in business operations and operating environment can often act as drivers that define the objectives for procurement. Whether procurement is used to extinguish fires or build ecosystems, we should proceed actively alongside the objectives of business operations.