Procure-to-pay in Chemical Industry: Addressing the Key Challenges
According to a Deloitte CPO survey[1], cost reduction and risk management are top priorities for 80% of CPOs in the chemical industry. This becomes even more meaningful while considering the intensifying global competition and the intricate supplier portfolios that significantly impact the procure-to-pay cycle. Besides these two factors, challenges like lack of MRO procurement transparency,…
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