Infographic
The Challenges of Direct Procurement
The infographic examines the major challenges organizations face in direct procurement and how better collaboration, optimization, automation, and negotiation can improve supply chain performance. Survey results from Procurement Magazine reveal that many companies struggle with collaboration across trading partners, managing scheduling agreements, optimizing bill-of-material costs, integrating new product introductions, automating order allocation, managing invoice tax compliance, and negotiating with consolidated cost visibility. The infographic highlights how centralized purchasing, streamlined product lifecycle management, automated workflows, and better visibility into materials and supplier costs can improve agility, reduce expenses, increase operational efficiency, and strengthen neg
