Adopting Lean Processes in Procurement Can Lead to Efficiency and Lower Costs

 

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Many organizations are looking to achieve efficiency and effectiveness in their supply chains. One method organizations employ to achieve this is the adoption of Lean processes within their procurement functions. Through its research, APQC found that organizations investing in Lean process development for their procurement functions spend less on procurement and are able to process more purchase orders. Organizations that have expanded their Lean efforts to include suppliers have generated benefits that in turn provide value to their customers.

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