When making a purchase, businesses need to pay attention to a few pieces of information and purchasing lists. These common requirements are condensed and known as the “5 right”: right quality ingredients, right time, right quantity, right price, and the right source.
However, Procurement activities also have potential risks that can cause delays and reduce supply chain efficiency. More seriously, it can affect the reputation of the business. Aware of the above problems, CJ GMD introduces to you 4 risks associated with common solutions in Procurement that businesses need to grasp and develop an improvement and development plan.