B2B Procurement has come a long way in the past 10 years. Professionals have lived through technology hype cycles, and have spent millions of dollars automating and improving sourcing and purchasing processes. Cost Savings remained the primary driver for transformation, all throughout the journey.
First there was darkness. Enterprises realized that the biggest savings opportunities lay trapped in the silos of diverse procurement systems. Then there was light. The insight gleaned from aggregating and cleansing spend data for the entire enterprise led to consolidation of the supplier base and creation of a preferred supplier pool with national and global contracts. The bottom-line savings that could potentially be realized through better sourcing far outweighed benefits accrued via process improvements or outsourcing. Investments in strategic sourcing platforms soared as a result, and electronic procurement platforms took a backseat.
Circa 2006 - the savings opportunities identified remains 'potential savings' in many cases as organizations grapple with the challenge of 'compliance'. There is no dearth of information. Actionable information is not 'acted' on in many instances, because of the dire shortage of people resources. There is a compelling need for 'change agents'. This is where RefurbIT can take action upon for working for your organization.
With it's unique skill set and sourcing platform, you don't need to do anything except hire RefurbIT
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