Procurement
In many industries the procurement budget exceeds already 50% of the total company costs, reaching up to more than 80% in certain industries, as a consequence of increasing specialization and consequently diminishing vertical integration. Shorter product life cycles and the diversification of consumer requirements evoke one-time ...

Business Process Organization
In a sharply changing business environment the top priorities of every production management team are to focus on fundamental strengths, lasting results, efficient asset utilization and agile, fast-responsive manufacturing and service capabilities. Challenges in terms of dealing with organizational process complexity, demand for ...