Case Study

Manufacturing Industry

Manufacturing Industry

Pages 4 Pages

Manufacturing Industry The manufacturing industry is now in a pivotal position to make modifications to its procurement process. Trends over the past few decades have resulted in an increase in outsourcing and offshoring, heightened production capabilities, and competition that has been escalating to unprecedented levels. In addition to quality and price, factors such as compliance, performance, and corporate social responsibility have caused manufacturers to establish more strategic relationships with their suppliers. These factors, combined with the pressure to meet tight schedules without going over budget, have created a demand for adaptable, affordable purchasing software. To add to this, manufacturers must be able to handle complex logistics and manage demands associated

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