The success of a product, or even of a company, often depends on the ability to purchase (raw) materials, packaging, technologies and engineering, and services and contractors. Procurement professionals and purchasing managers (direct/indirect/CAPEX/OPEX) are responsible for ensuring that materials and services necessary for business and operations can be obtained efficiently and cost-effectively.
Today, innovative procurement is more important than ever, as socially conscious consumers demand more transparency in supply chains. Procurement, purchasing and sourcing professionals with expertise in research and analysis, forecasting, KPIs, risk management, sustainability, and relationship and leadership skills are driving the success of companies around the world. From the cosmetics, pharma, and food industries to chemicals, biotech and life sciences, procurement managers are supporting sustainable growth.