Digital procurement tools can create more transparency, reduce value leakage, and sustain procurement performance. One South Africa company reduced its zinc costs by 7% using digital procurement!
Close cooperation between the company and the supplier engineering team can lead to cost-reduction through redesign and innovation.
Digitizing all stages—supplier management, invoice receipt, processing, payments, and reporting—can improve productivity throughout by 70-80%.
A strong commitment to capability building can foster procurement performance.