We recently ran a poll on Beroe LiVE to seek answers for two fundamental questions: a) What percentage of employees work in the Procurement function? b) How many sourcing projects are handled by the Procurement team each year?
Length of fixed-price contracts largely depends on the volume procured. Food & Beverage companies prefer long-term contracts, while relatively smaller buyers from Personal Care and Pharmaceutical industries opt for short-term contracts.
Join us on Oct 6 for a webinar on Managing Inflation and Supply Shortages