Strategic sourcing delivers quick wins, while category management ensures those wins are sustained and integrated into long-term strategies.| Fractory
Procurement KPIs are quantifiable metrics used to track and assess procurement efficiency, cost reduction efforts, and supplier performance.| Fractory
Category management is an approach to procurement where similar products and services are grouped to consolidate spend and maximise savings.| Fractory
Spend analysis is the structured process of collecting, cleaning, classifying, and analysing procurement expenditure data.| Fractory
Explore Europe's supply chain workforce: its role, challenges like ageing population and skills gaps, and how tech and education trends shape its future.| Fractory
Warehousing includes various functions beyond simply storing goods, such as order processing, asset protection and managing inventory.| Fractory
The EU Supply Chain Act is coming... Discover what this act entails, how it will affect businesses, and what they need to do to prepare.| Fractory
Transportation costs are the expenses related to moving goods, such as operational costs, driver wages, and maintenance, among others.| Fractory
Supplier tiering categorises suppliers and subcontractors into tiers based on their importance and proximity to the final product.| Fractory
Engineering, Procurement & Construction projects entail all aspects of design & construction for a client, culminating in a turnkey handover.| Fractory
Procurement transformation refers to the strategic overhaul of processes, practices and organisational structures to improve efficiency, effectiveness & value generation.| Fractory