Supply Base Optimization: 6 Steps to Ensure Success
Procurify
JUNE 8, 2022
As businesses grow and scale, oftentimes, so does their supply base and the number of suppliers they work with. As you grow, you want to optimize your supply base. According to Industry Star, most businesses spend 80 percent of their cost of goods sold (COGS) with just 20 percent of their suppliers. .
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