The Effectiveness And The Productivity Of The Sourcing Processes

GLOBAL SOURCING PLATFORM

The effectiveness and the productivity of the sourcing processes

The GSP application is being developed to reduce the duration and cost of sourcing projects by standardising and automating the processes involved (e.g. supplier audits, procurement operations, quality control, logistics and supplier performance management), while at the same time increasing accountability and metrics-driven performance improvements. It is aimed to reduce the average duration of a supplier pre-qualification project by 25% and increase the number of suppliers identified by 50%, within the first year of use.

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