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Purchase Best Practices for Manufacturing Companies
Purchase or Procurement expenses comprise a sizeable chunk - sometime even up to 60% of all manufacturing company expenses. The cost of materials is market driven and manufacturing companies have minimum control over the same. Profitability of a manufacturing company therefore depends on having efficient & effective purchase practices. Implementing Purchase Best Practices is the way forward to achieve smooth-running purchasing process that focuses on cost efficient purchasing.
What are Purchase Best Practices?
Purchase best practices...
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