Today’s economic conditions are presenting procurement with a ‘perfect storm’ of challenging circumstances.
Suppliers are raising their rates, either because of inflation or the opportunity they perceive as a result of high market concentration.
Procurement may feel as though they don’t have many options – but there is always another way.
Andrew Mutchler, Senior Category Manager, Glanbia Nutritionals, and Jason Marchant, Director of Account Management, Fine Tune Expense Management, held a frank Q&A session about the real challenges associated with holding the line against suppliers who seem to be holding all the cards.