Study on Procurement Center Business of Multinational Companies——Taking Company A as an Example
In a volatile economic environment,multinational companies always dig deep across their supply chains for optimization and efficiencies to help combat the impact of a challenging economy.By doing survey and investigating the current situation and practice of its global procurement centers,we indentify some of the key issues that exist in the procurement practice and provide possible directions for optimize supply chain.After the case study on global procurement center of multinational company A,we conclude that procurement organization must invest in the right skills,talent and programs to deliver a true competitive advantage and get strategic sourcing value.At the same time,they must look at their cost of doing business and create efficiency in their operating models.